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Trump, GM and tariff

GM’s $5B tariff gut punch shows how painful it will be for U.S. automakers to adapt to Trump’s vision

General Motors on Thursday became the first U.S. automaker to put a dollar figure on the cost of Trump’s tariffs: $4 billion to $5 billion in 2025. But the answer to the bigger question—whether these steep penalties will compel GM to move a more meaningful chunk of its vehicle production back to the homeland—remains as vague as ever.

CNN · 1d

GM CEO says Trump auto tariffs could cost company $5 billion

The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year, according to a GM letter to shareholders. CNN’s Erin Burnett interviews GM CEO Mary Barra about the impact of Trump’s tariffs.

U.S. News & World Report · 2d

Trump Tariff Whiplash Forces More Automakers to Scrap Profit Guidance

LONDON (Reuters) -Unable to predict the impact of U.S. President Donald Trump's ever-changing trade war, Stellantis and Mercedes-Benz became the latest automakers on Wednesday to yank their profit guidance citing market uncertainty wrought by tariffs.

GM, the automotive tariffs

USA TODAY · 22h

GM projects up to $5 billion hit on profits because of tariffs

GM executives said on an earnings call that the updated range accounted for Trump's 'little bit of help' on tariffs.

The Detroit News · 16h

GM says tariff impact could hit $5 billion, plans no big price hikes

Anderson gave these examples: The Illinois-assembled Ford Explorer will see a tariff of about $2,400, down from $4,300; GM's full-size Chevy Suburban, GMC Yukon and Cadillac Escalade SUVs built in Texas will face a roughly $8,000 levy, down from more than $11,000, and the Mexico-assembled Ford Mustang Mach-E will still see a tariff above $12,000.

AOL · 23h

GM cuts 2025 profit forecast, expects up to $5 billion impact tariff hit

General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and a reprieve from the White House this week on automotive tariffs. CEO Mary Barra told shareholders in a letter that the company would maintain dialogue with the Trump administration on trade and other policies as they evolve.

22h

GM CEO breaks silence over tariff pressure and what it means for your wallet

General Motors CEO Mary Barra shared her expectations for auto tariffs and their potential impacts on the industry, including ...

1hon MSN

Oshawa GM plant to cut shifts in the fall, citing U.S. tariffs

General Motors is cutting shifts at its Oshawa Assembly Plant starting this fall due to U.S. tariffs, the company and the ...

GM says it will cut production in Oshawa because of Trump tariffs, Unifor slams ‘reckless’ move

General Motors Canada says it will reduce production at its Oshawa assembly plant this fall, citing tariffs imposed by U.S.

1don MSN

GM CEO Barra: Tariffs to cost automaker up to $5 billion this year

The current version of the Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year, as the nation’s largest automaker ...

UPS to cut 20,000 jobs, GM delays investor call as Trump's tariffs create corporate chaos

The tariffs imposed by President Trump continue to have ripple effects across the globe as major companies announce business ...

14mon MSN

GM to cut shifts at Ontario plant this fall due to tariffs

General Motors says it is reducing shifts at the Oshawa Assembly plant in Ontario "in light of forecasted demand and the evolving trade environment." ...

GM to reduce shifts at Canadian truck assembly plant amid demand, trade pressures

General Motors' Oshawa Assembly plant in Canada, which builds pickup trucks, will cut back to a two-shift schedule from three ...

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