Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. Energy Secretary Chris Wright listens as President ...

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 ...

U.S. automakers are trimming their outlook for electric vehicles amid lingering consumer doubts, a pullback in federal support and a challenging economic landscape that is affecting all auto sales. On ...

The automaker also warned that it may recognize more charges that may hurt its results in future quarters. The charges highlight the burden that the loss of federal support for EV production has on ...

General Motors said Tuesday that it plans to take a $1.6 billion charge in the third quarter as it revamps its electric vehicle strategy as the end of the federal government's EV tax credit is ...

General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets. By Neal E. Boudette The slowdown in electric car sales ...

Rhys Elliot of Alinea Analytics has revealed a series of estimated figures for Ghost of Yotei in a post on X, stating the game has sold 1.6 million through to consumers, with that figure extending to ...