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She praised the Trump administration while highlighting the challenges GM faces in new economic headwinds from tariffs. Barra wrote she is “ grateful to President Trump for his support of the U ...
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Why tariffs might not raise car prices, according to GM's CEOThis decision underscores GM's focus on customer retention and market competitiveness, even in the face of substantial financial challenges posed by tariffs. Barra noted that car prices in the ...
She and GM CFO Paul Jacobson noted that ... in the Trump administration has added to the challenge, leaving businesses uncertain if the tariffs announced by Trump will be changed or scrapped ...
That shift helped GM calculate its projected tariff cost for the year: between $4 billion and $5 billion, said Barra in a shareholder letter yesterday (May 1). “The clarity we got was so ...
GM is the first major company to estimate, in dollars, how much President Donald Trump’s sweeping tariffs will cost it. Many others have walked back earnings forecasts because of the ensuing ...
With the side effects of tariffs looming, something has to give — but, for now, GM says customers won't be paying the price. "From a pricing perspective, we've said, and we've included in our ...
General Motors, issuing new guidance on financial expectations for 2025, said tariff expenses are likely to hack away up to $5 billion in previously expected profits. GM's new forecast comes two ...
Many say the impact of tariffs is a threat ... include autoworkers at the GM assembly plant in Oshawa, said the union's latest fight is different from typical challenges in the sector.
Ongoing tariff battles and shifting trade policies have added a layer of economic volatility that’s straining supply chains and forcing companies to recalibrate. For GM, the engine flaw adds ...
The global trade environment is in constant flux, with rising tariff rates becoming a significant ... Yet for forward-thinking companies, these challenges also present unique opportunities to ...
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