News

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 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.
Observer1d
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 ...
GM says Cadillac F1 project not affected by auto tariff hit
Reduced profit expectations and a potential $5 billion hit from automotive tariffs will not affect Cadillac's Formula One ...
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 ...
GM posts strong Q1 results, but will reassess expectations for 2025 due to auto tariffs
General Motors posted strong financial results for its first quarter Tuesday, but says it will reassess its expectations for ...
GM cuts 2025 profit forecast, expects up to $5 billion tariff impact
General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and a reprieve from the White House this ...
GM Issues Major Production Shift at Canadian Factory
The move will see production of one of GM’s bestsellers move from the Great White North to the States.
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 ...