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Los Angeles Times
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GM to take a $1.6-billion hit from pivot away from EVs - Los Angeles Times
https://www.latimes.com/business/story/2025-10-15/gm-to-take-a-1-6-billion-hit-as-tax-incentives-for-evs-are-slashed-and-emission-rules-ease
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General Motors will book 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.
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