GM CEO Mary Barra Says Plans A New Generation Of Its Bolt; GM Had Previously Said It Would Discontinue The Bolt At The End Of This Year
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GM CEO Mary Barra announced plans for a new generation of its Bolt model, despite previous statements that the company would discontinue the Bolt at the end of this year.
July 25, 2023 | 12:44 pm
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POSITIVE IMPACT
GM's decision to continue the Bolt model could potentially boost its position in the electric vehicle market.
GM's decision to continue the Bolt model, despite previous plans to discontinue it, indicates a strategic shift towards electric vehicles. This could potentially attract investors interested in the EV market, leading to a positive impact on GM's stock price in the short term.
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