#gm-restructuring

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Cars
frominsideevs.com
4 days ago

GM Takes A $6 Billion Hit Thanks To EV Policy Whiplash

General Motors cut EV plans and booked $7.1 billion in charges after North American EV demand slowed, redirecting production toward internal-combustion SUVs and pickups.
Cars
fromBusiness Insider
2 months ago

Former Ford CEO says automakers 'went full bore' into making EVs without thinking about the consumer

U.S. automakers expanded EV production capacity aggressively but misjudged consumer demand, prompting strategic realignments and financial charges.
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