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General Motors said on Tuesday it is planning to invest about $4 billion USD over the next two years at three U.S. facilities in Michigan, Kansas, and Tennessee as it moves to boost production of ...
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For GM, its EV division's profitability also remains uncertain, as competition heightens and consumer demand slows. The $7,500 federal EV tax credit, key to EV affordability, expires in September.
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday, supported by strong sales of its core ...