GM’s net income falls by $3.3B in 2025 on EV-related charges

This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. Dive Brief: General Motors on Tuesday reported a 55% decline ($3.3 billion) in year over year net income in 2025 from $6 billion in 2024 to $2.7 billion, which was primarily the result of $6 billion in electric vehicle-related charges in Q4, the automaker announced in its earnings report. Total revenue for the year was down 1.3% to $185 billion, despite a 6% increase i ...