GM cuts EV forecast by 50,000 and announces a $6 billion share buyback plan
Briefly

from Fast Company7 months ago
GM lowers 2024 EV production forecast to 250,000 units, announces $6 billion share buyback plan to prioritize gas-powered vehicles for profitability.
Fast Companyhttps://www.fastcompany.com/91139553/gm-ev-forecast-cuts-50000-announces-6-billion-share-buyback-plan
CEO Mary Barra acknowledges disappointment in GM's share performance since IPO, despite recent rise due to stock buyback announcements.
Fast Companyhttps://www.fastcompany.com/91139553/gm-ev-forecast-cuts-50000-announces-6-billion-share-buyback-plan
Read at Fast Company
#general-motors #ev-production #share-buyback #gas-powered-vehicles #company-performance
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