GM to take $1.6Bn hit as tax incentives for EVs are cut and emission rules ease

General Motors will book a negative impact of $1.6 billon in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed

Oct 14, 2025 - 17:00
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GM to take $1.6Bn hit as tax incentives for EVs are cut and emission rules ease
General Motors will book a negative impact of $1.6 billon in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed

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