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News 2026-09-16 16:47 UTC

Gas Prices Fuel a Hybrid Boom: Why Can't GM Cash In on It?

General Motors Co. (NYSE: GM ) has a $4-plus-a-gallon problem: Americans are increasingly turning to hybrids to cut fuel bills, but the top-selling U.S. automaker has almost none to sell them. Hybrids accounted for 19% of U.S. retail vehicle sales in August, up from around 16% before the Iran war sent gasoline prices s