Barra

GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
May 1, 2025
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said that the Trump administration’s tariffs would increase its costs by $4 billion...
G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
April 29, 2025
General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President Trump’s trade policies, the automaker said on...
Trump’s Canada and Mexico Tariffs Could Hurt Some Carmakers
February 2, 2025
Almost all automakers are going to feel a pinch from the new tariffs imposed by President Trump on Saturday on goods imported from Canada, Mexico and China.Auto manufacturers ship...
Trump’s Executive Order to End E.V. Subsidies Draws Pushback
January 21, 2025
If President Trump has his way, the auto industry’s transition to electric vehicles will soon slam into reverse. He will erase tax credits for electric-vehicle purchases, federal grants for...