GM To Take $6 Billion Writedown on EV Pullback
Published on: Jan. 9, 2026, 3:42 p.m. | Source: Republic World
General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car company to pull back from EVs in response to the Trump administration's policies and fading demand. The charge stems from the reduction of its planned EV production.
