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GM Takes $1.6 Billion Hit for Scaling Back EV Plans
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October 14, 2025
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2:15Now PlayingGeneral Motors is taking $1.6 billion in charges for scaling back its electric vehicle production. In a filing Tuesday, the automaker is blaming weaker federal support and weakening demand. GM warns more pain could come as it reassesses its EV strategy. Steve Man, Bloomberg Intelligence Global Autos and Industrials Research Analyst, joined "Bloomberg Open Interest" to break down what this all means for GM's future.
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