01/11/2026
General Motors is taking about $7.1B in Q4 2025 charges tied to its electric vehicle strategy, including a $1.8B write-down of EV manufacturing assets and $4.2B for supplier settlements and contract costs. GM will cut about 3,400 jobs, with most layoffs effective January 5, and will shift its Orion, Michigan plant from EVs to full-size gasoline and hybrid trucks and SUVs. Here’s what it means for workers, suppliers, investors, and the EV transition.
- Why is GM paying billions to resize EV plans?
- What happens to the Orion, Michigan plant and 3,400 jobs?
- How could $7.1B in charges change EV timelines and profits?