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GM takes USD 1.6 billion charge on EV investments after U.S. policy changes
On October 14, General Motors reported in an 8-K filing with the U.S. Securities and Exchange Commission (SEC) that it sunk roughly USD1.6 billion into electric vehicle manufacturing capacity that it no longer is using because of shifting federal auto policies under a new administration.
The impairment charge noted t....
The impairment charge noted t....
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