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 announced record-breaking profits, which workers will see in their pockets with a $14,500 check.
General Motors manufactured 22.3% of light vehicles in Mexico: it is the main automotive producer in the Mexican market
GM’s Factory Zero did not shut down because of any executive orders signed by Donald Trump, according to a GM spokesperson.
State Democrats revised a statement that originally asserted incorrectly that "factories (are) already idling because of Trump’s presidency."
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
Shares of Ford (F) and General Motors (GM) slammed into reverse gear as President Donald Trump doubled down on plans to slap 25% tariffs on
Once Donald Trump swears in on Jan. 20, he will receive the Presidential state car, a custom Cadillac nicknamed "The Beast".
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street
He was referring to dispute Trump’s executive order – one of a slew he has signed since taking office on Monday – that calls for the elimination of the “electric vehicle mandate.” Fanjoy and some market watchers feel government and industry investments in EV technology have moved too far along for Trump's order to have much influence on reining in sales over the long term.
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.
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.