Hosted on MSN17h
Mexican Official Dispels Rumors of General Motors Moving Business Back to US to Avoid Trump Tariffs: "No One is Going to Leave Mexico"
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
G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
Global car industry in firing line of Trump's tariff threats vs Mexico, Canada
These are General Motors’ plans in the face of Donald Trump’s possible tariffs
General Motors CEO flags growing industry threats
"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.
GM Posts Quarterly Loss, Makes Plans for Potential Tariffs
Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for the automaker.
Why GM stock has gotten hit hard on earnings
GM repurchased more than $7 billion in stock in 2024 and more than $11 billion in 2023. Repurchases have played a key role in boosting GM's profits by reducing shares outstanding and, by extension, supporting a higher stock price.
Global Car Industry in Firing Line of Trump’s Tariff Threats
US President Donald Trump has pledged to place 25 per cent tariffs on imports from Mexico and Canada from Feb. 1 if the two countries are not judged to be doing enough to stop the flow of fentanyl into the United States.