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re: We've reached price parity between EV and ICE vehicles****
Posted on 5/20/24 at 2:51 pm to teke184
Posted on 5/20/24 at 2:51 pm to teke184
quote:
Given labor costs, including legacy payments, I’m pretty sure GM loses money on every car they make.
They made about $12.4 billion last year, which is impressive. But that would likely be substantially higher if they weren't throwing pallets of cash into their EV business.
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