• Home
  • News
  • GM to take $1.6Bn hit as tax incentives for EVs are cut and emission rules ease
Image

GM to take $1.6Bn hit as tax incentives for EVs are cut and emission rules ease

General Motors will book a negative impact of $1.6 billon in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed

Releated Posts

Obama shuts down alien buzz and says there’s no evidence they’ve made contact

Former U.S. President Barack Obama has clarified comments he made about alien life on a podcast over the…

ByByWhy News Feb 16, 2026

Presidents Day 2026: Here’s what’s open and closed on the holiday

Government offices, the stock market and schools are closed Monday in observance of Presidents Day, but most big…

ByByWhy News Feb 16, 2026

Ash Wednesday marks the start of Lent, a period of fasting, reflection — and fish fries

For many Christians, this week brings Ash Wednesday, a solemn day of fasting and reflection

ByByWhy News Feb 16, 2026

California walloped by winter storm with high winds and heavy rain and snow

California is being walloped by a powerful winter storm carrying thunderstorms, strong winds and heavy snow in the…

ByByWhy News Feb 16, 2026

Leave a Reply

Your email address will not be published. Required fields are marked *