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Detroit Free Press on MSN14d
General Motors' Q2 profits drop $1.1B after taking tariff hit
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
There's evidence import tariffs are not driving up vehicle prices or chilling sales. The news comes as there's new clarity on ...
In a letter to shareholders, GM CEO Mary Barra emphasized the $4 billion investment in U.S. manufacturing GM announced in the quarter, a change that adds 300,000 units of capacity for profitable ...
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Al Jazeera on MSNUS car sales slow after tariff-driven buying surge ends
“Now we’ve got sales slowing because [the pre-tariff buying] surge pretty much pulled ahead a lot of people that might have been in the market this year, who wanted to buy before tariffs hit,” Mark ...
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in ...
Last quarter, tariffs cost the auto industry billions of dollars. So far, that has come out of profits instead of being ...
Commentary: The average price of a new vehicle in the U.S. is expected to break the $50,000 barrier in 2025, as automakers begin to pass along tariff costs and the market sells a larger share of ...
Hyundai Motor Group and General Motors are joining forces in one of the biggest global automotive tie-ups to date. The two ...
GM also says that the $4 billion investment into U.S. plants will add over 300,000 units of "U.S. capacity for high-margin light-duty pickups, full-size SUVs, and crossovers to help us greatly ...
GM has continued to import the more affordable vehicles such as the Chevrolet Trax, Barra said on the call with shareholders, despite the fact the company estimates $2 billion of the tariff hit it ...
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