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GM takes $7B hit after shifting EV strategy due to slowing demand

Details
27 January 2026
GM takes massive $7.2B charge to realign electric vehicle strategy following Trump administration policy changes and declining consumer demand for EVs.

Orignial Source:

https://www.foxbusiness.com/markets/gm-takes-7b-hit-after-shifting-ev-strategy-due-slowing-demand


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