Politics
GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said the Trump administration’s tariffs would…
Tag
Barra
Politics
G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President…
Politics
Trump’s Canada and Mexico Tariffs Could Hurt Carmakers
Almost all automakers are going to feel a pinch from the new tariffs imposed by President Trump on Saturday on goods imported from Canada,…
Politics
G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
General Motors executives are closely tracking President Trump’s plans to impose tariffs on imports from Canada and Mexico, but the…
Politics
Trump’s Executive Order to End E.V. Subsidies Draws Pushback
If President Trump has his way, the auto industry’s transition to electric vehicles will soon slam into reverse. He will erase tax credits…
Business
GM to wind down robotaxi operations championed by CEO Barra
GENERAL Motors’ (GM) Cruise self-driving car unit will exit the robotaxi business, a retreat from a market that proved costly and full of…