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.
Automaker shares fall as Trump threatens 25% tariff on Mexico and Canada
Nearly every major automaker operating in the U.S. has factories in Mexico, however GM and Stellantis produce highly profitable full-size pickup trucks there.
Mexico’s president warns Trump over threat to institute crippling tariffs
Mexican President Claudia Sheinbaum schooled Trump, warning that his plan for tariffs on imported goods would result in mutually assured economic destruction for both countries.
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.
Why Trump is threatening Canada with tariffs
Justin Trudeau, Canada's prime minister, told reporters on Tuesday that he had a "good" conversation with Trump following the president-elect's post.
Trump's tariff plan: 'A big threat to the economy'
Reaction to Trump's day one promise to slap tariffs on three of the America's key trading partners: Mexico, Canada and China. The president-elect framed the proposal as a response to the fentanyl crisis.
Newsweek on MSN17h
Tank Explodes Near General Motors Facility
A fire chief said that an early morning explosion at a site near a General Motors (GM) facility in Brighton, Michigan, ...
General Motors lays off nearly 1,000 workers, cutting costs to compete in crowded auto market
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global ...
GM Authority13d
UAW And GM Reach Agreement To Prevent Fort Wayne Plant Strike
GM and the UAW have reportedly come to an agreement over issues raised at the GM Fort Wayne assembly plant in Indiana, ...
General Motors Cuts 1,000 Jobs Amid $2 Billion Cost Savings
General Motors ( GM) has announced plans to lay off approximately 1,000 employees worldwide as part of a plan to reduce fixed ...
General Motors Unusual Options Activity
Today, Benzinga 's options scanner spotted 66 uncommon options trades for General Motors. This isn't normal. The overall sentiment of these big-money traders is split between 40% bullish and 39%, ...
NDTV5d
"What I Should Do Next?": General Motors' Employee After Being Laid Off Via Email At 5 am
General Motors (GM) recently laid off approximately 1,000 employees worldwide in a cost-cutting effort to stay competitive in a crowded automotive market. The layoffs, primarily affecting white ...
General Motors cuts 1,000 salaried jobs, while UAW covers for its role with bogus “Keep the Promise” campaign
The global character of the cuts requires an internationally unified response of the working class. Job cuts in the auto ...
Crash1d
Deal agreed for General Motors/Cadillac to become F1's 11th team
Formula 1 has an "agreement in principle" for General Motors, and its Cadillac brand, to become the 11th team on the grid.
WGHP12d
General Motors laying off about 1,000 employees to cut costs
DETROIT (AP) — General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market. The workers, mostly white collar ...
Mexico's president warns Trump's tariffs will worsen US inflation, kill jobs
President Claudia Sheinbaum Pardo said tariffs could cause more inflation and result in job losses for the U.S. and Mexico.
Trump’s tariffs collide with an ‘abundance’ agenda
With a Monday evening promise on Truth Social that his incoming administration will slap 25 percent tariffs on all goods from ...