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But GM is riding high on EV sales, and as CEO Mary Barra puts it, EVs are still the future — just on a delayed (and very ...
GM chief executive Mary Barra walked a tightrope in a letter to shareholders Thursday that sounded upbeat — but also warned that tariffs could cost the company as much as $5 billion this year.
While GM’s core North American business remains strong, challenges in the EV market, regulatory changes, and tariff threats cast a long shadow over its future prospects.
A chief automotive economist has said the industry is bearing economic uncertainty surprisingly well, though sales will fall ...
Despite looming tariffs, GM CEO Mary Barra expects stable car prices, vowing not to pass $4–$5 billion in costs to consumers ...
But even with these mitigations taken into account, Jacobson said that the tariffs will ultimately lower GM’s projected annual earnings before income tax to between $10–$12.5 billion, down ...
The 25% tariff could skewer GM’s three Korean manufacturing plants which already face challenges due to plunging domestic sales over the last decade—the South Korean government injected 81 ...
Nearly 600,000 GM trucks and SUVs are headed back to the shop after a critical engine flaw raised major safety concerns—adding to a wave of recent challenges for automakers.
Financial analysis: GM's strong revenue growth in 3Q24 may face challenges from Trump's tariffs and rising costs, impacting shareholder returns.
General Motors is planning to boost production of light-duty trucks in the U.S. as the industry addresses challenges tied to President Donald Trump's latest round of auto tariffs. The major ...
GM chief executive Mary Barra walked a tightrope in a letter to shareholders Thursday that sounded upbeat — but also warned that tariffs could cost the company as much as $5 billion this year.