FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo

The company expects losses will narrow with its battery-powered vehicles, a reorganization of the China business will lead to improved results, and GM is ending robotaxi development at Cruise, its autonomous vehicle unit, which will lead to savings.