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GM hit with $6 billion in charges as EV incentives cut and emissions standards fade - abcnews.go.com

By MICHELLE CHAPMAN AP business writer

Jan 09 2026 13:38

General Motors will be hit with charges of about $6 billion as sales of electric vehicles sputter after the U.S. cut tax incentives to buy them and also eased auto emissions standards. Shares slid … [+1999 chars]