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General Motors is recording $1.6 billion in charges for its North American operations in the third quarter of 2025 to…
GMGeneral Motors Co
General Motors is recording $1.6 billion in charges for its North American operations in the third quarter of 2025 to realign its electric vehicle capacity and manufacturing footprint. These charges consist of $1.2 billion in non-cash impairments and $0.4 billion in cash-impact charges related to contract cancellations and commercial settlements. The realignment is driven by expected slower EV adoption following changes in U.S. government policy and emissions regulations.