“GM is currently assessing potential future investment,” GM spokesperson George Svigos said in a statement, adding: “No final decision has been made. GM is committed to an all-EV future globally. On that pathway, we continue to study consumer preferences and powertrain options, to ensure we best respond to customer demand and comply with an uncertain, complex and increasingly stringent regulatory landscape for 2027 and beyond.”
Embarrassing. Having none of the right fuel-efficient cars when gas prices spiked is exactly why GM needed to be bailed out in 2008.
Now gas prices are again high. GM has no hybrids and is discontinuing both the Bolt and Malibu. It’s malpractice how badly they’ve run the business.