General Motors (GM) released its fourth-quarter sales report on Wednesday, revealing the automaker sold 2.6 million vehicles in the US in 2023. Up 14% from a year ago, these figures solidify GM's position as an industry leader for total sales. In addition, the company announced it will offer a new $7,500 incentive offer on its EVs after the loss of the federal tax credit that was previously offered. Yahoo Finance's Pras Subramanian joins the Live show to discuss GM's performance and how other electric vehicle manufacturers are also adapting. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino.
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