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 ...
GM Financial sold $2 billion of prime auto loans in a private deal last quarter, an uncommon move for the company, according to people familiar with the matter. The sale, managed by Goldman Sachs, ...
General Motors Financial Co. sold $2 billion of auto loans to at least one investor in a private deal last quarter, overseen by Goldman Sachs Group Inc. The sale included loans made to prime, or ...
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 filed an important update on its EV plans. However, there are some concerns underneath all of that growth. Consumers purchased 90 different EV models in the third quarter, but only nine ...
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 ...
Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. Almost ...
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 ...
(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 ...
General Motors will book a negative impact of $1.6 billon in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed General ...