GM scales back electric vehicle and self-driving car plans as new labour deals will cost it $10B | CBC News
Briefly

"Now that we have a ratified contract and a clear path forward that includes greater operating investment efficiencies, we can resume returning capital to shareholders per our plan," GM CEO Mary Barra said on an investor conference call.
"Finally, some good news for GM, and this was a strong outlook and comments from Barra & Co post the UAW debacle," Wedbush Securities analyst Daniel Ives said in an email. "Now it's about getting the train back on the tracks and this is a great start."
"Now that we have a ratified contract and a clear path forward that includes greater operating investment efficiencies, we can resume returning capital to shareholders per our plan," GM CEO Mary Barra said on an investor conference call.
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