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Carmakers have been warned that President Donald Trump’s 25 per cent tariff on engines, transmissions and other key car parts ...
The levies on more than 100 categories of parts will contribute to thousands of dollars in extra costs per vehicle.
Despite losing a shift, GM said Oshawa Assembly’s future is secure as the plant will build “next-generation gas-powered ...
GM is preparing to increase its U.S. manufacturing volume in response to new tariffs implemented by the Trump administration, without building new factories.
In April, Ford kicked off a sales promotion in reaction to the Trump tariffs announcement. From April 3 to June 2, the ...
General Motors (GM) has revised its 2025 profit forecast downward due to an anticipated $5bn tariff impact and plans to ...
DETROIT >> General Motors cut its 2025 profit forecast today after receiving some clarity and a reprieve from the White House ...
Anderson gave these examples: The Illinois-assembled Ford Explorer will see a tariff of about $2,400, down from $4,300; GM's ...
General Motors CEO Mary Barra explained that the company was already making moves to operate more in the United States and separate itself from China long before facing tariffs. The auto industry ...
GM's balance sheet and liquidity were strong at the end of 2024, apart from $8.7 billion in underfunded pension and other postemployment benefit obligations, an improvement from $30.8 billion at ...
Amidst earnings uncertainty, companies grapple with a volatile trade environment. General Motors trimmed its profit outlook due to auto tariffs, while Harley-Davidson withdrew its forecast entirely.