General Motors (GM) CEO Mary Barra’s quest to command new markets and expand its EV production has stalled, shifting from one of the industry’s loudest EV champions to a leading opponent of government emission rules, Sharon Terlep of The Wall Street Journal reports. When faced with softening sales and Trump administration’s hostility to green-energy initiatives, no car company has backtracked as quickly and dramatically as GM.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GM:
- Here’s How General Motors, Ford Are Striving to Extend EV Tax Credit
- “It’s a Societal Problem” Ford Stock (NYSE:F) Notches Up as Farley Looks for Bad AI News
- Toyota’s (TM) Global Sales Rise in August as U.S. Demand Defies Trump’s Tariffs
- Is It Too Late to Buy General Motors Stock (GM) After Its 52-Week High?
- Charged: EVs expected to face plummeting sales in U.S.