Loss Executives Association

GM to Take $1.6 Billion Charge as Tax Credit Blow Muddies EV Plans

October 14, 2025

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 is likely to dampen demand. GM’s disclosure is …

Read the full article →

Share:

More Posts

Judge to OK Purdue Pharma’s Massive Opioid Bankruptcy Settlement

A federal bankruptcy judge said on Friday he will approve a restructuring plan for drugmaker Purdue Pharma that includes a $7.4 billion settlement resolving claims

NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown

The National Flood Insurance Program has been reauthorized until the end of January 2026. With the passage of HR 5371, which ended the 43-day shutdown

Jaguar Land Rover Margin Forecast Cut After Cyberattack

Tata Motors Passenger Vehicles cut its fiscal 2026 margin goal for Jaguar Land Rover on Friday after a cyberattack disrupted production at the luxury automaker,

Send Us A Message