ReferIndia News GM Rides High on Profit Forecast Amid EV Strategy Recalibration

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GM Rides High on Profit Forecast Amid EV Strategy Recalibration

Published on: Oct. 22, 2025, 2:08 a.m. | Source: Devdiscourse

General Motors (GM) raised its profit outlook for 2023, citing reduced tariff pressures and better-than-expected electric vehicle (EV) performance. CEO Mary Barra announced shifts in EV strategy due to changing regulations, while GM's stock saw its largest gain in nearly six years. However, future challenges remain with supply chain disruptions.

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