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Reading: GM to take $6 billion writedown on EV pullback
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GM to take $6 billion writedown on EV pullback

Midlands Local News
Last updated: January 12, 2026 5:00 am
Midlands Local News Published January 12, 2026
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DETROIT — General Motors plans to take a $6 billion charge to unwind some of its electric-vehicle investments, the latest carmaker to pull back from EVs in response to the Trump administration’s policies and fading demand.

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