General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
If U.S. President Donald Trump follows through on his pledge to slap 25% tariffs on imports from Mexico it could usher in a volatile new chapter in the longstanding trade relationship with the impacts hitting consumers.
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.
If you own a Chevrolet, it could be part of a huge nationwide recall. Transport Canada issued a recall notice this month for 5,599 Chevrolet Equinox
North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.
"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 and full-year 2024 earnings, where they posted major losses. The automaker behind Chevrolet and Cadillac said it lost $2.
General Motors has a plan in place to deal with President Donald Trump's proposed tariffs. We just don't get to know what it is.
Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for the automaker.
Hourly workers of General Motors will be receiving a record-breaking profit-sharing check this year. The company announced Tuesday more than 40,000 eligible hourly workers, including those at the Kokomo General Motors Components Holdings plant,
On a sales basis, German automaker Volkswagen is the most exposed to tariff risk, followed by Nissan Motor and Stellantis, S&P Mobility reports.
MEXICO CITY - If U.S. President Donald Trump follows through on his pledge to slap 25% tariffs on imports from Mexico it could usher in a volatile new chapter in the longstanding trade relationship with the impacts hitting consumers.
Big US automakers like Ford (F) and General Motors (GM) are facing possible tariffs this weekend, on Feb. 1. President Trump on Thursday reiterated his plans to put a 25% tariff on imports from Mexico and Canada,