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GM, tariffs

Forbes · 19h

Tariff Impact: GM Guidance Shifts As Price Hikes Hit 7 Big Brands

Major brands announce consumer price increases, as General Motors pulls its 2025 forecast due to tariff changes.

The Associated Press on MSN · 1d

GM says tariff impact could hit $5 billion, plans no big price hikes

Anderson gave these examples: The Illinois-assembled Ford Explorer will see a tariff of about $2,400, down from $4,300; GM's full-size Chevy Suburban, GMC Yukon and Cadillac Escalade SUVs built in Texas will face a roughly $8,000 levy, down from more than $11,000, and the Mexico-assembled Ford Mustang Mach-E will still see a tariff above $12,000.

Bloomberg on MSN · 2d

GM Slashes Guidance With Up to $5 Billion Hit From Tariffs

General Motors Co. cut its full-year profit outlook due to as much as $5 billion of exposure to auto tariffs, among the biggest financial hits revealed by any company so far from President Donald Trump’s trade war.

GM, 2025 profit

USA TODAY · 2d

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.

Reuters on MSN · 1d

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 week on automotive tariffs.

MarketWatch on MSN · 1d

GM slashes profit outlook, sees tariffs costing up to $5 billion

GM’s updated guidance comes two days after the carmaker reported quarterly earnings in which profit and revenue topped expectations.

GM, Oshawa plant

cbc.ca on MSN · 1d

GM to lay off 750 workers at Oshawa plant, citing U.S. tariffs: union president

General Motors is laying off about 750 workers at its Oshawa Assembly plant as it makes changes to shifts due to U.S. tariffs, the president of the union representing workers said on Friday.

Detroit News · 23h

GM to cut shift at Canadian truck plant, citing Trump's tariffs

GM cited lower demand and the "evolving trade environment" in its decision to pare down manufacturing at the plant, which builds Chevrolet Silverados.

MarketWatch · 1d

Unifor calls for swift action as GM cuts shift due to tariffs

CNW/ - Unifor is calling for swift action following General Motors' announcement that it plans to reduce its Oshawa Assembly Plant from a three shift to a two shift operation this fall, citing Trump imposed tariffs.

2don MSN

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 ...

Observer19h

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 ...

1hon MSN

3 Important Takeaways From GM's Strong Q1

General Motors posted a strong first quarter, topping estimates. But it suspended further share repurchases and has pulled guidance. All eyes and ears are on automakers' earnings calls to try and pick ...

GM Suspends Guidance, Freezes Share Buyback on Trump Tariffs

General Motors Co. is pulling earnings guidance for 2025 and putting $4 billion in share buybacks on hold until it has more ...

1don MSN

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 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 ...

23hon MSN

The White House says tariffs won't make car buying more expensive. Top automakers don't sound as sure.

Despite the White House's statements, Ford's top executive recently said he could not promise consumers wouldn't pay more.

GM says it will cut production in Oshawa because of Trump tariffs, Unifor slams ‘reckless’ move

General Motors Canada says it will reduce production at its Oshawa assembly plant this fall, citing tariffs imposed by U.S.

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