Electric-vehicle sales in America simply haven’t materialized as fast as car companies expected a few years ago. That’s leading to some financial pain for General Motors, if not its stock.

General Motors Co. said it would take a $1.6 billion charge and pull back on planned electric-vehicle investments after the federal government scrapped a key tax credit. The company said $1.2 billion ...

General Motors Financial Co. sold $2 billion of auto loans to at least one investor in a private deal last quarter, a rare case of the auto lending giant turning to non-public markets to get financing ...

San Diego Padres general manager A.J. Preller looks on. Sean M. Haffey / Getty Images A.J. Preller’s season-wrapping videoconference was unusual for at least two reasons. It lasted almost 45 minutes, ...

GM's $1.6 billion charge linked to EV capacity adjustments GM may incur further charges due to capacity reassessment Automaker expects EV adoption to slow Oct 14 (Reuters) - General Motors (GM.N), ...

General Motors will record a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed. Shares ...

Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...

Our friends at Ford Authority report that a former GM executive has accepted an executive position with cross-town rival Ford. GM alumnus Salvatore (Sam) Basile is the new Vice President of Advanced ...

John Murphy, a managing director of strategic advisory at Haig Partners, joined WSJ’s Take On the Week to break down the massive shifts under way in the auto industry. Photo: WSJ Photo: WSJ In a ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. The company logo shines off the nose of an unsold ...

(Reuters) -General Motors said on Tuesday it would take a $1.6 billion charge in the third quarter as it reshapes its electric vehicle strategy following the scrapping of a key federal incentive that ...

Pittsburgh Steelers head coach Mike Tomlin took a shot at Cleveland Browns general manager Andrew Berry on Monday over the decision to trade Joe Flacco to a team within their division. The Browns ...