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Tariff Impact: GM Guidance Shifts As Price Hikes Hit 7 Big Brands

Major brands announce consumer price increases, as General Motors pulls its 2025 forecast due to tariff changes.

Bloomberg on MSN · 1d

GM Slashes Guidance With Up to $5 Billion Hit From Tariffs

General Motors Co. cut its full-year profit outlook due to as much as $5 billion of exposure to auto tariffs, among the biggest financial hits revealed by any company so far from President Donald Trump’s trade war.

USA TODAY · 1d

GM projects up to $5 billion hit on profits because of tariffs

GM executives said on an earnings call that the updated range accounted for Trump's 'little bit of help' on tariffs.

GM, Oshawa plant

cbc.ca on MSN · 22h

GM to lay off 750 workers at Oshawa plant, citing U.S. tariffs: union president

General Motors is laying off about 750 workers at its Oshawa Assembly plant as it makes changes to shifts due to U.S. tariffs, the president of the union representing workers said on Friday.

Detroit News · 19h

GM to cut shift at Canadian truck plant, citing Trump's tariffs

GM cited lower demand and the "evolving trade environment" in its decision to pare down manufacturing at the plant, which builds Chevrolet Silverados.

MarketWatch · 22h

Unifor calls for swift action as GM cuts shift due to tariffs

CNW/ - Unifor is calling for swift action following General Motors' announcement that it plans to reduce its Oshawa Assembly Plant from a three shift to a two shift operation this fall, citing Trump imposed tariffs.

1don MSN

GM CEO Mary Barra: Tariffs will cost us $5 billion, and prices ‘will stay at the same level’

The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion ...

GM and Ford CEOs Say New Auto Tariffs Won’t Raise Prices—Yet

General Motors (GM) and Ford (F) say consumers shouldn’t expect immediate price hikes on cars, even as the companies brace ...

4d

GM Suspends Guidance, Freezes Share Buyback on Trump Tariffs

General Motors Co. is pulling earnings guidance for 2025 and putting $4 billion in share buybacks on hold until it has more ...

1don MSN

GM’s $5B tariff gut punch shows how painful it will be for U.S. automakers to adapt to Trump’s vision

GM executives described various "levers" the carmarker can pull to offset some of the sting of the tariffs, and said the ...

1d

GM CEO breaks silence over tariff pressure and what it means for your wallet

General Motors CEO Mary Barra shared her expectations for auto tariffs and their potential impacts on the industry, including ...

1don MSN

GM to Take as Much as $5 Billion Hit on Trump Tariffs. Why the Stock Isn’t Tanking.

GM reported first-quarter numbers on Tuesday but delayed its earnings conference call because President Donald Trump was set ...

19hon MSN

The White House says tariffs won't make car buying more expensive. Top automakers don't sound as sure.

Despite the White House's statements, Ford's top executive recently said he could not promise consumers wouldn't pay more.

21h

GM says it will cut production in Oshawa because of Trump tariffs, Unifor slams ‘reckless’ move

General Motors Canada says it will reduce production at its Oshawa assembly plant this fall, citing tariffs imposed by U.S.

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