GM warns of $6B hit to profit on electric vehicle pullback as demand plummets
GM is the latest car company to pull back from EVs in response to the Trump administration's policies and fading demand.
Last updated: 2026-01-10 16:25:36 ET
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GM is the latest car company to pull back from EVs in response to the Trump administration's policies and fading demand.
GM's announcement comes after Ford said it would record similar writedowns following a broad resetting for the U.S. EV market.
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