8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________

FORM 8-K

___________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 14, 2025 (October 7, 2025)

___________________

GENERAL MOTORS COMPANY

(Exact name of registrant as specified in its charter)

___________________

Delaware	001-34960	27-0756180
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)			300 Renaissance Center,	Detroit,	Michigan	48265	-3000
---	---	---	---	---	---
(Address of principal executive offices)				(Zip Code)

(313) 667-1500

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

___________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant

under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value	GM	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of

1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging

growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for

complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 2.06.  Material Impairments.

General Motors Company (the “Company,” “we,” “our” or “GM”) made significant investments and contractual

commitments in the development of electric vehicles (EVs) to help the Company’s vehicle fleet comply with

emissions and fuel economy regulations that were scheduled to become increasingly stringent. Following recent

U.S. Government policy changes, including the termination of certain consumer tax incentives for EV purchases and

the reduction in the stringency of emissions regulations, we expect the adoption rate of EVs to slow. These

developments have caused us to reassess our EV capacity and manufacturing footprint. On October 7, 2025, the

Audit Committee of the Company’s Board of Directors approved charges of $1.6 billion in GM North America

(GMNA) in the three months ended September 30, 2025, based on a planned strategic realignment of our EV

capacity and manufacturing footprint to consumer demand. These charges include non-cash impairment and other

charges of $1.2 billion as a result of adjustments to our EV capacity. In addition, the Company has incurred charges

of $0.4 billion, primarily related to contract cancellation fees and commercial settlements associated with EV-related

investments, which will have a cash impact. The reassessment of our EV capacity and manufacturing footprint,

including our investments in our battery component manufacturing, is ongoing, and it is reasonably possible that we

will recognize additional future material cash and non-cash charges that may adversely affect our results of

operations and cash flows in the period in which they are recognized. These amounts, and certain other insignificant

charges expected to be recognized in this quarter, will be reflected as adjustments in our non-GAAP financial

measures. Refer to the “Non-GAAP Measures” section in our 2024 Form 10-K for additional information. Our

strategic realignment of EV capacity does not impact today’s retail portfolio of Chevrolet, GMC and Cadillac EVs

currently in production, and we expect these models to remain available to consumers.

Cautionary Note on Forward Looking Statements

This Current Report on Form 8-K and the other reports filed by us with the Securities and Exchange Commission

(SEC) from time to time, as well as statements incorporated by reference herein and related comments by our

management, may include "forward-looking statements" within the meaning of the U.S. federal securities laws.

Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements

represent our current judgment about possible future events and are often identified by words like “aim,”

“anticipate,” “appears,” “approximately,” “believe,” “continue,” “could,” “designed,” “effect,” “estimate,”

“evaluate,” “expect,” “forecast,” “goal,” “initiative,” “intend,” “may,” “objective,” “outlook,” “plan,” “potential,”

“priorities,” “project,” “pursue,” “seek,” “should,” “target,” “when,” “will,” “would,” or the negative of any of those

words or similar expressions. In making these statements, we rely on assumptions and analysis based on our

experience and perception of historical trends, current conditions and expected future developments as well as other

factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these

statements are not guarantees of any future events or financial results, and our actual results may differ materially

due to a variety of important factors, many of which are beyond our control. These factors, which may be revised or

supplemented in subsequent reports we file with the SEC, include, among others, the following: (1) our ability to

deliver new products, services, technologies and customer experiences in response to increased competition and

changing consumer needs and preferences; (2) our ability to attract and retain talented and highly skilled employees;

(3) our ability to timely fund and introduce new and improved vehicle models, including EVs, that are able to attract

a sufficient number of consumers; (4) our ability to profitably deliver a strategic portfolio of EVs; (5) adoptions of

EVs by consumers; (6) the success of our current line of ICE vehicles, particularly our full-size sport utility vehicles

(SUVs) and full-size pickup trucks; (7) our highly competitive industry, which has been historically characterized by

excess manufacturing capacity and the use of incentives, and the introduction of new and improved vehicle models

by our competitors; (8) the unique technological, operational, regulatory and competitive risks related to our

refocused autonomous vehicle (AV) strategy on personal vehicles; (9) risks associated with climate change,

including increased regulation of greenhouse gas (GHG) emissions, our transition to EVs and the potential increased

impacts of severe weather events; (10) global automobile market sales volume, which can be volatile; (11)

inflationary pressures and persistently high prices and uncertain availability of raw materials and commodities used

by us and our suppliers, and instability in logistics and related costs; (12) our business in China, which is subject to

unique operational, competitive, regulatory and economic risks; (13) the success of our ongoing strategic business

relationships, particularly with respect to facilitating access to raw materials necessary for the production of EVs,

and of our joint ventures, which we cannot operate solely for our benefit and over which we may have limited

control; (14) the international scale and footprint of our operations, which expose us to a variety of unique political,

economic, competitive and regulatory risks, including the risk of changes in government leadership and laws

(including labor, trade, tax and other laws), political uncertainty or instability and economic tensions between

governments and changes in international trade policies, new barriers to entry and changes to or withdrawals from

free trade agreements, introduction of new tariffs or changes to announced tariffs directly and indirectly applicable

to our industry, changes in foreign exchange rates and interest rates, economic downturns in the countries in which

we operate, differing local product preferences and product requirements, changes to and compliance with U.S. and

foreign countries' export controls and economic sanctions, differing labor regulations, requirements and union

relationships, differing dealer and franchise regulations and relationships, difficulties in obtaining financing in

foreign countries, and public health crises, including the occurrence of a contagious disease or illness; (15) any

significant disruption, including any work stoppages, at any of our manufacturing facilities; (16) the ability of our

suppliers to deliver parts, systems and components without disruption and at such times to allow us to meet

production schedules; (17) pandemics, epidemics, disease outbreaks and other public health crises; (18) the

possibility that competitors may independently develop products and services similar to ours, or that our intellectual

property rights are not sufficient to prevent competitors from developing or selling those products or services; (19)

our ability to manage risks related to security breaches, cyberattacks and other disruptions to our information

technology systems and networked products, including connected vehicles; (20) our ability to manage security

breaches and other disruptions to our in-vehicle systems; (21) our ability to comply with increasingly complex,

restrictive and punitive regulations relating to our enterprise data practices, including the collection, use, sharing and

security of the personal information of our customers, employees or suppliers; (22) our ability to comply with

extensive laws, regulations and policies applicable to our industry, operations and products, including those in the

One Big Beautiful Bill Act and/or relating to fuel economy, emissions and AVs; (23) costs and risks associated with

litigation and government investigations; (24) the costs and effect on our reputation of product safety recalls and

alleged defects in products and services; (25) any additional tax expense or exposure or failure to fully realize

available tax incentives; (26) our continued ability to develop captive financing capability through General Motors

Financial Company, Inc.; and (27) any significant increase in our pension funding requirements. A further list and

discussion of these risks, uncertainties and other factors can be found in our most recent Annual Report on Form 10-

K and our subsequent filings with the SEC.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be

signed on its behalf by the undersigned hereunto duly authorized.

		GENERAL MOTORS COMPANY (Registrant)
	By:	/s/ CHRISTOPHER T. HATTO
Date: October 14, 2025		Christopher T. Hatto<br><br>Vice President, Global Business Solutions and<br><br>Chief Accounting Officer