-
They stop following the Elon the Fraud EV crowd. EV cost them dearly but they finally woke up. The BOD should now demand resignations from the top executive echelon.
GM Cuts Large EV Production, Posts $6B Writedown for Q4 2025
Though it hasn’t yet canceled any battery-electric models, General Motors is significantly curtailing its EV ambitions due to a drop in demand. We began to see the financial impact of those changes in Q3 of 2025, when GM posted a $1.6 billion writedown, and a Q4 2025 regulatory filing reveals even broader ripple effects.
https://www.hagerty.com/media/news/general-motors-ev-loss-2025/