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GM is Taking a Big Hit as EV Demand Drops
finance.yahoo.com/news/gm-taking-big-hit-ev-162803961.html
Key Takeaways
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General Motors said it expects to take a $1.6 billion charge in the third quarter as it shakes up its electric vehicle operation because of falling demand.
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The "Big Three" automaker said it sees declining EV sales with the expiration of U.S. tax incentives.
General…
This story appeared on finance.yahoo.com, 2025-10-14 16:28:03.