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GM 2025 profit slumps on EV charges despite higher US market share
Yahoo Finance· 2026-01-28 12:22
General Motors has posted weaker annual earnings for 2025 after revenue slipped and large electric-vehicle (EV) charges pushed the fourth quarter into a loss. The US-based carmaker said annual revenue fell 1.3% to $185bn, while EBIT-adjusted dropped 14.6% from 2024. Net income margin narrowed sharply to 1.5% from 3.2%, a fall of 53.1%. Net income attributable to stockholders dropped 55.1% year-on-year to $2.6bn. The company reported annual EBIT-adjusted profit of $12.7bn, together with a 20% rise in it ...