News

UBS downgrades GM as Trump tariffs hit sales and raise costs
UBS is getting bearish on General Motors (GM) and President Trump’s 25% auto tariffs are to blame. UBS downgraded GM to ...
GM Lays Off 200 Workers At EV Plant And It’s Not Because Of Trump
Factory Zero production is being readjusted as GM needs to rethink its EV strategy in light of the current market situation ...
GM Authority11h
Trump Tariffs Will Lead To Much Smaller UAW GM Worker Profit Checks, Analysts Say
Financial analysts are predicting Trump tariffs could reduce profit-sharing checks for UAW members who build cars for ...
General Motors, Nissan to boost production at US plants due to Trump tariffs
GM CEO Mary Barra hinted at this shift during an earnings call earlier this year, emphasizing the company’s capacity to adapt ...
GM Just Blinked After Trump’s Tariff War Escalated
Not long after President Trump announced massive 25% tariffs on automotive imports in the United States, General Motors has ...
USA Today10d
GM and Ford leaders' messages to employees indicate impact from Trump tariffs
GM leadership said teams are studying the Trump tariff mandate to devise scenarios to best navigate any impacts from the ...
GM to increase truck production in US after Trump tariff announcement
General Motors is adding several hundred temporary workers to its Fort Wayne, Indiana, plant as it seeks to boost production ...
General Motors to increase production in Indiana following Trump’s tariffs
General Motors is the latest automobile company to respond to President Donald Trump’s newly implemented auto tariffs, ...
Ford, GM Executives Address Trump Tariffs In Internal Memos Aimed To Reassure Employees: Report
Detroit automakers are attempting to reassure their employees as they work to mitigate challenges posed by President Donald ...
Ford and GM report big sales boosts as Trump's tariffs threaten to raise prices and hit their profits
Both Detroit automakers reported upbeat Q1 sales as customers rushed to grab deals before the Trump's 25% tariffs on imported ...
Asianet Newsable on MSN1h
Goldman Sachs Cuts 2025 US Auto Sale Estimates By About A Million, Slashes Price Targets For Ford, GM, Tesla
Goldman Sachs on Thursday cut its estimates for automobile sales in the U.S. in 2025 by nearly one million to 15.40 million ...
GM’s cost for cars made in Mexico or Canada to rise by $4,300 per vehicle and dent profit
UBS downgraded GM’s stock to neutral from buy and slashed its price target on the stock to $51 from $64. Analysts also cut ...