GM’s epically bad year still earned it $10 billion – but that’s not due to EV sales
Baua Electric
JANUARY 30, 2024
GM forecasts its total US auto industry sales to hit 16 million in 2024, but it has dropped its goal of making 400,000 EVs through mid-2024. Morningstar analyst David Whiston said that is its chance to jump ahead of Tesla in the only space Tesla doesn’t hold the reins – and that’s affordable EVs, reports Automotive News.
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