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General Motors says it stands to lose up to $5 billion this year due to tariff-related costs. On April 3, President Donald ...
(Bloomberg) -- General Motors Co. cut its full-year profit outlook citing as much as $5 billion of exposure to auto tariffs, among the biggest financial hits revealed by any company so far from ...
GM executives described various "levers" the carmarker can pull to offset some of the sting of the tariffs, and said the ...
GM's balance sheet and liquidity were strong at the end of 2024, apart from $8.7 billion in underfunded pension and other postemployment benefit obligations, an improvement from $30.8 billion at ...
The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion ...
GM executives said on an earnings call that the updated range accounted for Trump's 'little bit of help' on tariffs.
Overall pricing of GM’s cars is expected to increase slightly. Jacobson added that North American pricing is expected to be 0 ...
Reshoring more of the U.S. auto industry would require untangling supply chains that leave many components vulnerable to a ...
President Donald Trump announced a plan to ease the burden of the new 25% tariffs on foreign-made vehicles and parts. Under the proposal, automakers with US ...
Across Metro Detroit, hundreds of General Motors and Stellantis auto workers have been temporarily laid off this year. I'm 49 ...
In September, Stellantis announced it would invest $97.6 million at Warren Truck for production of a “future electrified Jeep ...
Despite the market uncertainty caused the Trump administration’s import tariffs, GM has no intention to move production of ...