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The backdrop of GM's warning involves the "widespread import tariffs" imposed by the Trump administration. In March, Trump announced a 25% import tariff on all foreign-made cars and parts.
General Motors faces up to -$5B EBIT impact from tariffs, rising costs, and uncertain FCF amid trade risks and shifting ...
Although we think both GM and Ford are undervalued, they likely will remain undervalued for a long time while investors adjust to the drastic change in global trade. The tariff impact will take ...
Tariffs hit GM’s production once more. In a move meant to respond to the changing tariff-centric trade environment, General Motors slashed production at its Oshawa Assembly Plant in Ontario ...
The move comes as the United States and China continue discussions on tariffs and other trade issues. GM cars at the Lansing, Mich., plant, above. Getty Images ...
Reuters reports that the United States Court of International Trade ruled on Wednesday that President Donald Trump overstepped his authority with sweeping reciprocal tariffs imposed on other ...
The India-US Bilateral Trade Agreement (BTA) is yet to see the light of day. The July 9 deadline — marking the end of the 90-day exemption period for the imposi ...
GM’s 2025 guidance also includes net income attributable to stockholders of $8.2 billion to $10.1 billion, down from $11.2 billion to $12.5 billion, and adjusted automotive free cash flow of ...
Reuters. FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.
Trump tariffs shake automakers: Supply issues could make spring and summer the worst times to buy a car. ... GM and Stellantis deferred to the trade group's comment and Ford was not immediately ...