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GM sells its stake in troubled electric pickup maker Lordstown Motors GM sells its stake in troubled electric pickup maker Lordstown Motors
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GM sells its stake in troubled electric pickup maker Lordstown Motors
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Old 2nd March 2022, 15:12   #1
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Default GM sells its stake in troubled electric pickup maker Lordstown Motors

General Motors has sold its stake in struggling electric pickup maker Lordstown Motors, TechCrunch has reported. It reportedly unloaded its 5 percent investment (worth $75 million originally) in the fourth quarter of 2021, as originally disclosed by The Detroit Free Press and confirmed by GM.

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