GM reports quarterly loss but boosts shareholder returns

The results were dented by a previously-announced hit of $7.1 billion, mostly due to write-down on EV investments following an about-face in US environmental policy enacted by President Donald Trump's administration. That resulted in a fourth-quarter loss of $3.3 billion, compared with a loss of $3.0 billion in the year-ago period. Annual profits fell 55 percent to $2.7 billion. But the big US automaker, which has undertaken significant strategic pivots in light of Trump's aggressive policy changes on trade and fuel economy rules...