GM cuts EV production forecast

By X-blogger - on June 12, 2024

General Motors’ stock daily chart

General Motors cut its annual EV production forecast and announced a new $6 billion share buyback plan, as the automaker banks on demand from its gasoline-powered models. GM now projects the higher end of its 2024 EV production to be 250,000 units.

Write a comment

Your email address will not be published.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

No comments yet, Be the first!
Special Offer
First Deposit Bonus

First Deposit Bonus | Phone Verification | First Trade on us | Account Verification


Cash Back Bonus

As a valued client, you can earn 'mileage points', from your trading volume.


Become an Xtrade VIP

Become an Xtrade VIP. For our VIP members, we go the extra mile with.