this post was submitted on 25 Oct 2023
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Automotive Industry

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News and discussion about the automotive industry.

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Honda, GM scrap plan to co-develop cheaper EVs (www.reuters.com)
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The decision underscores GM's (GM.N) strategic shift to slow the launch of several EV models to focus on profitability, as it grapples with the rising costs of United Auto Workers strikes, which surged to $200 million per week this month.

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