GM $1.6 Billion EV Impairment Could Signal Slower U.S. Electric Vehicle Demand After Tax Credit Rollback
GM $1.6 Billion EV Impairment Could Signal Slower U.S. Electric Vehicle Demand After Tax Credit Rollback
CoinOtag 2025-10-14 15:13:39
General Motors recorded a $1.6 billion EV impairment charge after reassessing production assets amid policy shifts; $1.2 billion is non‑cash asset impairment and $400 million is cash costs tied to