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General Motors Takes Billions in Charges as It Reworks EV Strategy and China Operation

Automaker General Motors (GM) said that it will record $7.1 billion in special charges for the fourth quarter after scaling back its electric ve…

Automaker General Motors (GM) said that it will record $7.1 billion in special charges for the fourth quarter after scaling back its electric vehicle plans and restructuring its business in China. The company explained that about $6 billion relates t… [1759 chars]

Source: Markets Insider | Published: 2026-01-08T22:39:26Z

Credit: Markets Insider

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