G.M. Books a $7.1 Billion Loss as It Scales Back E.V. Ambitions – Business Trends Today

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G.M. Books a $7.1 Billion Loss as It Scales Back E.V. Ambitions

rogerjudd

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January 8, 2026

G.M. Books a $7.1 Billion Loss as It Scales Back E.V. Ambitions

General Motors said it was writing down the value of battery and electric vehicle factories after changes in federal policy undercut demand.