Still lots of EV losses.
General Motors reported a $3.3 billion net loss in 4Q25, largely driven by over $7 billion in charges and special, noncash impairment charges related to restructuring its electric vehicle (EV) strategy, cutting production, and canceling supplier contracts. Despite this, adjusted earnings remained strong at $2.8 billion due to solid ICE vehicle performance.
Takeway: this show absolutely how much money GM makes on ICE vehicles.
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Still One Of My Favorites
Today:
- the third angle, The Third Man -- perhaps my favorite movie -- perhaps even better than Casablanca.
- The Third Man theme, link here.
Like TYWKIWDBI, we both started our blogs in 2007. Interesting, huh? I deleted all posts from 2007 through 2008, and started fresh sometime in 2009. But I started blogging in 2007.
