GM reports Q1 pretax profit decline of 6%, but raises yearly guidance
GM's transition to EVs and continued struggles in China, its second largest market, dinged net income in the quarter.
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GM's transition to EVs and continued struggles in China, its second largest market, dinged net income in the quarter.
After dramatically lowering the price of the redesigned electric Chevy Bolt last year, GM is changing course and boosting the price.
The list, which includes world leaders and pop stars, has GM's CEO as one of the most powerful women in the world this year.
The new tax credit, which lasts until 2032, is intended to make zero-emission vehicles affordable to more people.
General Motors is telling Buick dealers it expects a $300,000 to $400,000 investment in their stores on equipment to sell EVs.