GM Just Suffered A $6B Loss (And It's All Because Of EVs) [Yahoo! Finance]
General Motors Company (GM)
Last general motors company earnings: 2/5 08:05 am
Check Earnings Report
US:NYSE Investor Relations:
gm.com/investors/index.html
Company Research
Source: Yahoo! Finance
However, it's worth noting that General Motors reported a $6 billion loss in January 2026. But that isn't just an indicator of a particularly rough sales year or any specific model like the Equinox, Corvette, or Silverado tanking in sales. In fact, GM reported record sales for its SUVs, trucks, and Cadillac models. Instead, the loss is the result of a decision regarding electric vehicles. GM was one of the leading car brands moving toward electric, with the brand shifting production toward EVs in many of its factories. However, the $7,500 EV tax credit ended in September 2025, and the Trump Administration has rescinded new fuel economy standards that were pushing automakers toward electric. As a result, many manufacturers in the industry are backing away from earlier plans to increase the electric offerings in their lineups. During the fourth quarter of last year, GM reported a 43% drop in EV sales. The $6 billion loss stems in part from contract cancellations and other supplier set
Show less
Read more
Impact Snapshot
Event Time:
GM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GM alerts
High impacting General Motors Company news events
Weekly update
A roundup of the hottest topics
GM
News
- An average new car cost a record $50,326 in December. Here's why [USA TODAY]USA TODAY
- What Makes General Motors (GM) a Strong Momentum Stock: Buy Now? [Yahoo! Finance]Yahoo! Finance
- GM puts $6 billion price tag on EV mistake [Yahoo! Finance]Yahoo! Finance
- Revealing General Motors' new office at Hudson's Detroit [USA TODAY]USA TODAY
- Volvo, Audi among over 850K vehicles recalled. Check car recalls [USA TODAY]USA TODAY
GM
Earnings
- 10/21/25 - Beat
GM
Sec Filings
- 1/8/26 - Form 8-K
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- GM's page on the SEC website