Trump's threat for 25% tariffs on Mexico and Canada is challenging the auto industry
On a sales basis, German automaker Volkswagen is the most exposed to tariff risk, followed by Nissan Motor and Stellantis, S&P Mobility reports.
General Motors workers to receive record profit-sharing checks as EV production uncertain under Trump
General Motors announced record-breaking profits, which workers will see in their pockets with a $14,500 check.
These are General Motors’ plans in the face of Donald Trump’s possible tariffs
General Motors manufactured 22.3% of light vehicles in Mexico: it is the main automotive producer in the Mexican market
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Mexican Official Dispels Rumors of General Motors Moving Business Back to US to Avoid Trump Tariffs: "No One is Going to Leave Mexico"
General Motors CEO Mary Barra has said she hopes tariffs can be avoided, as Mexican President Claudia Sheinbaum has signaled that authorities are "working and holding conversations to take the necessa
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GM’s Factory Zero not impacted by Trump’s executive orders, despite claims
GM’s Factory Zero did not shut down because of any executive orders signed by Donald Trump, according to a GM spokesperson.
Michigan Democrats falsely say GM idled EV factory due to Trump's executive order
State Democrats revised a statement that originally asserted incorrectly that "factories (are) already idling because of Trump’s presidency."
GM reports record profits with stronger results ahead. But Trump’s policies bring some uncertainty
General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United Auto Workers union, and said that it expects even better operating results in the year ahead.
Trump's Armored Presidential Limo: Inside The $1.5 Million Beast Packed With Cutting-Edge Features
Once Donald Trump swears in on Jan. 20, he will receive the Presidential state car, a custom Cadillac nicknamed "The Beast".
Trump Tariffs Would Harm Major US Auto Buyer, GM Canada Chief Says
Donald Trump’s tariff threats stand to hurt American economic interests because they would disturb automotive supply chains where the US is strong and drive up consumer prices, said the head of General Motors Co.
‘We’ve got to move forward’ - Michigan electric vehicle industry responds to Trump policy changes
President Trump has slashed a slew of EV-related policies, which could affect many states that have received billions of dollars in investment for electrification, notably Michigan.
GM Results Aren't Enough for Investors, Shares Skid 9% on Tariff Worries
GM reported pre-tax profit of $2.5 billion in the quarter but reported a $3 billion net loss, mostly because of $4 billion in restructuring charges in China where it lost $4.4 billion in the year. The China business did return to profitability before restructuring charges in the fourth quarter, Jacobson said.
Implemented or not, Trump's 25% tariff threat is challenging the auto industry
On a sales basis, German automaker Volkswagen is the most exposed to tariff risk, followed by Nissan Motor and Stellantis, S&P Mobility reports.