RE: LeoThread 2025-10-14 12-51
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GM just revealed it will take a massive $1.6 billion hit due to its major electric vehicle initiative not progressing as quickly as expected.
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Breaking: GM confirms a $1.6B charge in Q3 due to setbacks in its EV strategy, driven by slashed U.S. tax incentives and eased emission rules. Major impact on their electric vehicle plans.