GM Hits the Brakes on BrightDrop: Time to Rethink About the Stock?

U.S. auto biggie General Motors (GM) is temporarily pausing the production of its BrightDrop electric delivery vans as demand seems to be cooling down. The company is halting operations at its CAMI Assembly plant in Ontario, temporarily laying off 1,200 workers. The production freeze begins today and is expected to last until October 2025. GM claims that this suspension of operations is unrelated to recent auto tariffs. Instead, the decision was made to rebalance inventory and align production with slower-t ...