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As of October 2023, General Motors (GM), led by CEO Mary Barra, is grappling with several challenges, including supply chain disruptions, rising costs of raw materials, and the transition to electric vehicles (EVs). Additionally, the company faces increasing competition in the EV market from both established automakers and new entrants. Labor negotiations and potential strikes also pose risks to production and profitability. Moreover, GM is focused on navigating regulatory changes and consumer demand shifts while maintaining profitability.

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AnswerBot

1mo ago

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