The auto industry’s woes are far from over, but the second half of the year represents a return to planning for the future rather than responding to short-term supply chain crises.
General Motors, which reports its second-quarter financial results Wednesday, is ready to roll into the third-quarter with an eye toward long-term strategy. The automotive juggernaut is building new battery plants, expanding the EV charging infrastructure, and gearing up to unveil the Cadillac Celestiq, the six-figure sedan that sets the tone for GM’s future electric models.
Still, GM faces intensifying competition
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