General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.

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

General Motors manufactured 22.3% of light vehicles in Mexico: it is the main automotive producer in the Mexican market

MG Motors, the Chinese automaker, is steadfast in its goal to establish a plant in Mexico, aiming to transform the country into a strategic production hub. The company has already scouted various locations in Mexico.

"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.

Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for the automaker.

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.

General Motors is charting a technological future focused on its Super Cruise driver assistance technology, similar to Tesla's Autopilot, with the expectation of bringing in billions of dollars in revenue.

American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, continues its growth.

I'd guess that other OEMs that build cars in Canada and Mexico have game plans ready to go, too. So, if you were the CEO of one of these companies, what would you do? Change production locations? Change the allotment of what gets sold where?

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.

Hourly workers of General Motors will be receiving a record-breaking profit-sharing check this year. The company announced Tuesday more than 40,000 eligible hourly workers, including those at the Kokomo General Motors Components Holdings plant,