This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. Dive Brief: General Motors’ Audit Committee approved a $1.6 billion impairment charge on Oct. 7 as part of a strategic realignment of its electric vehicle manufacturing capacity owing to slower-than-expected demand, according to a Securities and Exchange Commission filing. The charges include $1.2 billion in non-cash impairments and $400 million in cash costs for contra ...