General Motors Co. on Thursday disclosed another $6 billion hit from unprofitable electric vehicle investments.
GM reported the loss to the Securities and Exchange Commission as what's known as an i… [+1513 chars]
GM reports $6 billion hit from now-unused EV investments - The Detroit News
GM has been shaken by the end of a $7,500 tax credit for new EV buyers and lessees, plus a pullback on federal rules on greenhouse gas emissions.
By:Summer Ballentine
Source:The Detroit News
Published:
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