Trump Tariffs Would Hit GM and Other U.S. Automakers Hard
If 25 percent tariffs are slapped on imports from Mexico and Canada, vehicles made there by GM, Ford, and Stellantis would get more expensive.
Cars Are About to Get Even More Expensive Thanks to Trump's Tariffs
Trump's threatened tariffs will hit the bottom line of U.S. automakers importing vehicles, and experts say that cost will no doubt be passed on to customers.
GM and other US automakers would take big hit from Trump tariffs
By Cassandra Garrison, David Shepardson, Ben Klayman MEXICO CITY/DETROIT (Reuters) -U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom lines of U.
The imported cars and SUVs most at risk of price hikes under Trump's tariff plan
President-elect Trump announced on Monday plans to levy 25% tariffs on goods from Canada and Mexico.
GM, Ford Fall on Trump Tariffs Seen Adding $3,000 to Car Prices
Shares of US automakers tumbled on worries that a new round of tariffs imposed by President-elect Donald Trump will cause sticker prices to soar even further.
Trump’s Tariffs Would Deal a Big Blow to the Auto Industry
Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.
US, European automakers fall as Trump pledges tariffs
LONDON (Reuters) -Shares of U.S. and European automakers fell on Tuesday, as traders reacted to President-elect Donald Trump pledging big tariffs on Canada, Mexico and China, news that fueled jitters over a potential global trade war.
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Tank Explodes Near General Motors Facility
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Workers at GM pickup plant authorize strike over managers working assembly line
UAW members who build General Motors' popular full-size pickups have voted to authorize a strike because of ongoing staffing disputes. But GM says the union has no legal grounds to strike.
UAW says agreement with GM will avoid strike at truck plant
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General Motors strike: 'We've got to fight for what's right'
This is his third strike. It's the longest one he's been on. Each day the strike costs General Motors an estimated $90m (£72.3m). Workers are also losing money. The United Auto Workers union ...
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General Motors estimates UAW strike cost company $1.1B
General Motors (GM) estimates that the recent United Auto Workers (UAW) strike cost it $1.1 billion. The company on Wednesday said this cost came “primarily from lost production” in a press ...
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The General Motors strike is getting more expensive. It has likely cost the automaker more than $1 billion already.
As the stalemate between General Motors and its employees represented ... According to estimates from Ryan Brinkman, an analyst at JPMorgan, the strike had already cost GM more than $1 billion ...
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General Motors deal clears way for end to US car strike
General Motors has struck a deal with the United Auto Workers (UAW) union to end a six-week strike in the US. The tentative agreement follows similar deals at Ford and Chrysler-maker Stellantis ...
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General Motors reaches tentative agreement with UAW, potentially ending 6-week strike
Associated Press Monday, Oct. 30, 2023 10:13 a.m. | Monday, Oct. 30, 2023 10:13 a.m. DETROIT — Facing the loss of another $200 million this week to a lengthy strike, General Motors CEO Mary ...
GM lays off 1,000 workers, even as it nears record profits
GM says it’s “optimizing” its operations through layoffs and facility closures. General Motors laid off approximately 1,000 ...