GM is taking a $1.6 billion hit after rolling back its EV plans
GM previously said it would go all-electric by 2035, but it has scrapped those plans and is now focusing on gas and hybrid ...
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GM stock on track for fifth straight day of loss as Q2 vehicle sales decline 4.2%
GM’s EV Pullback In January 2026, General Motors announced a $6-billion charge to reduce its electric vehicle production capacity and unwind related investments, following a $1.6 billion charge in the ...