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Loosening inventories balance economic pressures, including rising interest rates.
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Says it’s the biggest EV pizza-delivery fleet in the country.
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Aims to compete with Tesla via ‘solidly profitable’ lineup in 2025.
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After toppling GM last year, carmaker may be bumped down after facing market woes common throughout the industry.
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“Retail margin” sales could bring carmaker “thousands” of EV customers.
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General Motors will offer buyouts to U.S. Buick dealers who do not opt in to the brand’s plans to be all-electric by 2030.
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GM retools supply chain to get tens of thousands of vehicles awaiting parts to consumers quickly and ward off future supply chain challenges.
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But the automaker remains bullish that stronger results are possible in the second half of the year.
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General Motors and Ford Motor Co. CEOs say they are watching for signs of a U.S. recession, despite demand for autos being strong.
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General Motors hopes its Ultium platform, which consists of batteries, motors, software and other components, will help it grow EV market share and overtake Tesla as the No. 1 EV maker.
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