Category : Search result: General Motors EV losses


GM Takes $6 Billion Charge as EV Sales Sputter

General Motors records a massive $6 billion charge as US tax credit cuts and eased emissions standards slow EV adoption. Explore the impact on the auto industry's electric future.

GM's $6B EV Writedown Amid US Policy Shift

General Motors announces a massive $6 billion charge due to EV production cuts, bringing total losses to $7.6 billion. Read how US policy changes under Trump are reshaping the auto industry.

GM Q4 Sales Fall, EV Demand Slumps; Toyota Rises

General Motors' US auto sales fell 6.9% in Q4 2025 as EV transactions plunged. However, annual sales grew 5.5%. Toyota and Stellantis posted quarterly gains. Read the full analysis.

Tata Motors Sales Jump 25% in December 2024

Tata Motors announces robust December 2024 sales, registering a 25% year-on-year growth. Discover the key drivers behind this impressive performance and the outlook for 2025.

Russian General Killed in Moscow Car Bomb Blast

A senior Russian military general was assassinated after an explosive device detonated under his car in Moscow. Authorities have launched a terror probe into the shocking attack.

Russian General Killed in Moscow Car Bomb Attack

A senior Russian military commander, Major General Vadim K., is assassinated in a car bomb explosion in Moscow. Investigators treat it as a terrorist act. Read the latest details.

Russian General Killed in Moscow Car Bomb Blast

A senior Russian military commander, Major General Stanislav Rzhitsky, was assassinated in a car bomb attack in Moscow. Ukraine's involvement is suspected. Read the full details.

Hinton's AI Warning: Massive Job Losses Ahead

Geoffrey Hinton predicts AI will cause massive unemployment, clashing with views of Nvidia's Jensen Huang. He warns of economic upheaval as tech giants invest trillions. Read the full analysis.

CAG: 6 MP PSUs' Net Worth Eroded, Negative ₹42,410 Cr

A CAG report tabled in the MP Assembly reveals the alarming erosion of net worth in six state PSUs, with combined losses of over ₹42,410 crore. Details on power discoms, IT parks, and MSME development failures inside.

Meta to Slash Metaverse Budget by Up to 30%

Meta Platforms is planning deep cuts to its metaverse division, including Horizon Worlds, with potential layoffs. The shift comes as the company refocuses on AI. Read the full report.

PRTC Strikes Lead to Rs 14 Crore Loss in Punjab

Contractual employees of PRTC, Punbus, and roadways have struck work 15 times this year, causing massive revenue losses and disrupting bus services across Punjab. The core issue is the opposition to the kilometre scheme, seen as privatisation.

Kiyosaki Warns Biggest Market Crash Has Begun

Rich Dad Poor Dad author Robert Kiyosaki claims the biggest market crash has started due to AI-driven job losses. He recommends silver as the best investment option. Read his full analysis.

UN Starts Process to Elect Next Secretary-General

The United Nations has officially commenced the selection process for its next secretary-general, with the Security Council set to recommend a candidate to the General Assembly in late 2026. Follow the latest developments.

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