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.
"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 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.
State Democrats revised a statement that originally asserted incorrectly that "factories (are) already idling because of Trump’s presidency."
GM’s Factory Zero did not shut down because of any executive orders signed by Donald Trump, according to a GM spokesperson.
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.
Tesla reported lower than expected profits yesterday but confirmed key 2025 benchmarks, saying it will return to sales volume growth and move forward
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 dropped more than 10% on Tuesday, putting it on track for its worst day since the early days of the COVID-19 pandemic in March 2020. Investors and analysts said