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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 fell less than 2% before the opening bell Tuesday. The EV tax credit ended last month. The clean [......
Source: The Horn News
Original URL: https://thehornnews.com/general-motors-takes-massive-1-6-billion-hit-as-electric-vehicle-sales-stall/