#automotive-industry-earnings-and-margins

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Business
from24/7 Wall St.
3 weeks ago

Record Truck Profits, a $7 Billion EV Write Off, and a Market That Doesn't Care

GM's strong truck business and record margins are overshadowed by $7.2 billion in EV-related write-offs and a strategic misalignment as oil prices rise, creating investor uncertainty despite solid operational performance.
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