Michigan's clean energy ambitions crumbled swiftly in 2025, erasing nearly $540 million in federal grants and triggering ...
GM had been among the most aggressive legacy automakers in betting on a battery-powered future, at one point signaling plans ...
The charge includes a $4.2 billion cash impact, which covers fees for broken contracts and settlements with suppliers who had ...
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General Motors is taking a $6 billion writedown as the company scales back production plans
Automakers like General Motors (GM) and Ford Motor are scaling back their production of electric vehicles due to weak ...
GM EV investment pullback intensifies as General Motors takes a $6 billion charge to unwind electric vehicle plans amid ...
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