General Motors took a $1.6 billion hit in the third quarter due to shifting electric vehicle demand policies. Ford faces a billion-dollar blow from a supplier disruption. The automotive industry is suffering from EV sales, emissions standards changes, and tariffs. GM’s charge reflects the industry’s struggle to adapt to changing landscapes. Despite challenges, GM saw a 110% increase in EV sales. Ford’s F-150 production is affected by a supplier plant fire, adding to industry woes. Investors must be patient as automakers navigate a turbulent EV transition.

Read more at Yahoo Finance: Ford and GM Take Yet Another Gut Punch Amid Bumpy 2025