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General Motors Forecasts $1.6B Loss as EV Strategy Overhaul Takes Shape

General Motors announced that it expects to take a $1.6 billion hit next quarter due to changes to U.S. government policies that discontinued electric vehicle consumer tax incentives and are seeki...

GM Cuts Over 1,700 Jobs as It Shifts Gears to Meet EV Demand

Across sites in both Michigan and Ohio, General Motors is laying off over 1,700 employees, citing a slowing demand for EVs.By the NumbersAs part of a restructuring effort, General Motors announced...