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(Reuters) -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 ...

GM's $1.6 billion charge linked to EV capacity adjustments GM may incur further charges due to capacity reassessment Automaker expects EV adoption to slow Oct 14 (Reuters) - General Motors (GM.N), ...

General Motors Co. said it would take a $1.6 billion charge and pull back on planned electric-vehicle investments after the federal government scrapped a key tax credit. The company said $1.2 billion ...

John Murphy, a managing director of strategic advisory at Haig Partners, joined WSJ’s Take On the Week to break down the massive shifts under way in the auto industry. Photo: WSJ In a regulatory ...

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

Oct 14 (Reuters) - Indian software services provider Infosys (INFY.NS), opens new tab said on Tuesday it has received a contract worth 1.2 billion pounds ($1.59 billion) from UK's National Health ...

American automaking giant General Motors was forced to absorb a $1.6 billion third-quarter loss due to the abrupt reversal of a long-standing federal incentive, the New York Times reports. GM filed ...

General Motors said Tuesday that it plans to take a $1.6 billion charge in the third quarter as it revamps its electric vehicle strategy as the end of the federal government's EV tax credit is ...

[SINGAPORE] The latest cut-off yield on Singapore’s six-month Treasury bill (T-bill) slipped to 1.41 per cent, according to auction results released by the Monetary Authority of Singapore on Thursday ...

General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets. By Neal E. Boudette The slowdown in electric car sales ...

CLEVELAND, Ohio – Cleveland Hopkins International Airport has selected three firms to kick-start the first phases of its $1.6 billion new terminal project. Work is scheduled to begin this month on the ...