General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.

Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for the automaker.

"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 and full-year 2024 earnings, where they posted major losses. The automaker behind Chevrolet and Cadillac said it lost $2.

General Motors has a plan in place to deal with President Donald Trump's proposed tariffs. We just don't get to know what it is.

GM repurchased more than $7 billion in stock in 2024 and more than $11 billion in 2023. Repurchases have played a key role in boosting GM's profits by reducing shares outstanding and, by extension, supporting a higher stock price.

General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United Auto Workers union, and said that it expects even better operating results in the year ahead.

According to the recently published annual report, General Motors is making progress with the cost structure of its electric cars. Sales of electric vehicles

Inventors punished the automaker's exclusion of uncertainty surrounding potential policy shifts on GM's financial performance.

GM reported pre-tax profit of $2.5 billion in the quarter but reported a $3 billion net loss, mostly because of $4 billion in restructuring charges in China where it lost $4.4 billion in the year. The China business did return to profitability before restructuring charges in the fourth quarter, Jacobson said.

Hourly workers of General Motors will be receiving a record-breaking profit-sharing check this year. The company announced Tuesday more than 40,000 eligible hourly workers, including those at the Kokomo General Motors Components Holdings plant,

North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.

General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street