GM just sped up the depreciation of everything it owns ...Middle East

Companies facing massive technology shifts have two choices—bet the company on the next era, or collect cash in a shrinking industry before hanging up your spurs. Plenty of companies fail to make the leap: Kodak in digital photography, Blackberry in smartphones, and almost every newspaper company on the internet, to name a few.GM is going to try. On Thursday, Detroit’s biggest automaker said it plans to exclusively offer electric light-duty cars and trucks by 2035, five years ahead of a previously announced goal and part of a broader mission to make its production and operations carbon neutral by 2040. That timeline puts GM well ahead of market forecasts: Less than half of the US vehicle mar

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