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President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...
Expenses related to its 6.2-liter V-8 and higher claims due to software issues from EVs that launched over the past 5 years increased by $300M.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
Tariffs instituted by President Donald Trump have cost Detroit-based General Motors an estimated $1.1 billion in the second quarter of 2025, the automaker said Tuesday. GM says the costs largely ...
General Motors had a $1 billion hit over three months due to President Donald Trump's sweeping tariffs that have shaken the ...
Despite major tariff costs, GM won’t raise car prices—choosing to absorb the hit and focus on long-term solutions instead.
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
President Trump has announced new tariffs that include a 25-percent tax on goods imported from Japan and South Korea, separate from sector-specific tariffs.
GM reported more than a 100% increase in EV sales so far this year compared to last. The Equinox EV topped GM’s latest electric sales, with more than 17,000 sold between April and June.