---
title: "General Motors recorded a special expense of $7.1 billion last quarter related to the exit from electric vehicle and restructuring of its China business"
description: "General Motors announced on Thursday that it recorded special expenses of $7.1 billion in the fourth quarter of last year, primarily related to its exit from the electric vehicle business and the rest"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/271988352.md"
published_at: "2026-01-08T21:13:06.000Z"
---

# General Motors recorded a special expense of $7.1 billion last quarter related to the exit from electric vehicle and restructuring of its China business

> General Motors announced on Thursday that it recorded special expenses of $7.1 billion in the fourth quarter of last year, primarily related to its exit from the electric vehicle business and the restructuring of its operations in China. Approximately $6 billion of the expenses were allocated to adjusting electric vehicle development plans, while $1.1 billion was related to the restructuring of its joint ventures in China, including $500 million in cash expenditures. These special expenses will impact net profit but will not affect adjusted performance. The market had already anticipated this news

General Motors (GM.US) announced on Thursday that it will account for a special expense of $7.1 billion for the fourth quarter of last year, primarily related to its exit from the electric vehicle business and the restructuring of its operations in China.

General Motors noted in its filing that the related expenses include approximately $6 billion stemming from adjustments to its electric vehicle development plans due to weakening demand; another $1.1 billion is related to the previously announced restructuring of its joint ventures in China, of which about $500 million is cash expenditure.

The special expenses will impact the company's net profit but will not affect adjusted performance. The market had already anticipated this news, as General Motors indicated in October of last year that it was reassessing its electric vehicle strategy and had already confirmed $1.6 billion in related expenses in the third quarter

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.