General Motors expects to incur a $6 billion charge in the fourth quarter from a review of its electric vehicle manufacturing capacity following the end of a $7,500 EV tax credit and slowing consumer demand.
Source link
General Motors to Report $6B Charge From Electric Vehicle Review
Date:
More like thisRelated
US Treasury to unveil new financial pressure against Iran Monday
'ECONOMIC D-DAY': US Treasury to unveil new financial pressure...
Bret Michaels Forced Off the Road Again After One Comeback Show
After powering his way through a comeback show Friday...
Nvidia’s Earnings Will Test Wall Street’s Faith in the AI Boom
Plus, Canada’s Mark Carney puts his trade doctrine to...