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General Motors stock surges on upbeat guidance

CNBC's Phil LeBeau joins 'Money Movers' with the latest earnings news from General Motors. ‘Not Constitutional’: Trump Threatens Blue Slip Suit Opinion: Gen X may be the first to need a universal ...
MarketWatch

GM will take a $1.6 billion hit as it predicts a drop in EV demand. Here’s the latest setback.

General Motors Co. said it would take a $1.6 billion charge and pull back on planned electric-vehicle investments after the federal government scrapped a key tax credit. The company said $1.2 billion ...
Indiatimes

Aditi Rao Hydari is the reason everyone suddenly wants a rose-pink lehenga this Diwali

Aditi Rao Hydari’s rose-hued lehenga moment at Manish Malhotra’s Diwali bash served elegance, drama, and romance, all at once. (Image Credits: Instagram) Aditi Rao Hydari has consistently stood out as ...
Bloomberg L.P.

GM Privately Sold $2 Billion of Auto Loans With Goldman’s Help

General Motors Financial Co. sold $2 billion of auto loans to at least one investor in a private deal last quarter, overseen by Goldman Sachs Group Inc. The sale included loans made to prime, or ...
Indiatimes

Raj HC orders Centre, FSSAI to establish GM food safety standards

Jaipur: Rajasthan High Court Monday directed the Food Safety and Standards Authority of India (FSSAI) and the central govt to establish comprehensive safety standards and regulatory mechanisms for ...
Reuters

GM to take $1.6 billion charge as tax credit blow muddies EV plans

GM's $1.6 billion charge linked to EV capacity adjustments GM may incur further charges due to capacity reassessment Automaker expects EV adoption to slow Oct 14 (Reuters) - General Motors (GM.N), ...
PBS

GM takes $1.6 billion hit as incentives for EVs slashed and emission rules eased

General Motors will record a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed. Shares ...
Investopedia

GM is Taking a Big Hit as EV Demand Drops

Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...
Wall Street Journal

GM Takes $1.6 Billion Charge on EV Pullback

John Murphy, a managing director of strategic advisory at Haig Partners, joined WSJ’s Take On the Week to break down the massive shifts under way in the auto industry. Photo: WSJ Photo: WSJ In a ...
Yahoo Finance

GM to take $1.6 billion charge as tax credit blow muddies EV plans

(Reuters) -General Motors said on Tuesday it would take a $1.6 billion charge in the third quarter as it reshapes its electric vehicle strategy following the scrapping of a key federal incentive that ...
Autoblog

GM’s Hydrogen Future Is Over — Here’s Why the Automaker Walked Away

GM is halting development of next-generation hydrogen fuel cells to double down on EVs, parting ways with Toyota and BMW’s continued investment in hydrogen tech. GM ends next-generation hydrogen fuel ...
Detroit News

GM ends work on hydrogen fuel cells for everyday driving, scraps planned Detroit plant

General Motors Co. is scrapping plans for a factory in Detroit as part of a broader decision to end development of hydrogen fuel cells for everyday drivers, the automaker said Friday. Salaried workers ...