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Will GM’s (GM) Shift Toward Trucks and Subscriptions Change Its EV-Led Growth Narrative?
In recent months, General Motors has paused production and temporarily laid off about 1,300 workers at its Factory Zero EV plant while simultaneously ramping up heavy-duty Silverado and Sierra truck output in Flint to a six-day schedule, responding to softer U.S. EV demand, strong gas-powered pickup demand, and evolving tariff and policy conditions.
At the same time, GM has maintained leadership in overall U.S. auto sales and the No. 2 position in EVs, while growing high-margin subscription...