GM: Future Is Electric but Profits Are in Pickups, SUVs

Detroit — General Motors declared that the auto industry’s future is electric just as Americans’ rekindled demand for pickup trucks, SUVs and crossovers are driving the bulk of the automaker’s profits. “The company believes the future is electric, with billions (of dollars) of investment to support an all-in-house approach to the development and manufacturing of electrified vehicles,” GM said in its annual sustainability report...

Read More

Our Newspaper Family Includes: