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'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 US$1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the US and rules governing emissions are relaxed. Shares ...

(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 ...

GM is halting development of next-generation hydrogen fuel cells to double down on EVs, parting ways with Toyota and BMW’s continued investment in hydrogen tech. GM ends next-generation hydrogen fuel ...

GM has unveiled the new version of the Chevy Bolt, its popular, affordable EV with an upgraded battery and an otherwise very similar package to its last iteration, and we’re on the scene at a special ...

GM cancels EV lease tax credit program after concerns from Senator Moreno Program aimed to ease impact of tax credit expiration on dealers Ford's similar program status unclear, spokesperson declined ...

Compass's acquisition of Anywhere Real Estate could significantly impact the real estate industry, increasing its agent network and private exclusive listings. Experts predict a shift in power ...

Back in July, President Donald Trump signed legislation that eliminates the $7500 federal tax credit towards the purchase or lease of new electric vehicles as of September 30. However, according to ...

Chevy, Cadillac, GMC, and Ford’s electric vehicles will still be eligible for the credit after the September 30 deadline. The $7,500 tax credit for electric vehicles is set to expire today, but Ford ...

GM said it is working closely with water treatment experts and local health authorities to investigate these potential factors to prevent future issues GM confirmed that the strains of Legionella ...