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Mexican Official Dispels Rumors of General Motors Moving Business Back to US to Avoid Trump Tariffs: "No One is Going to Leave Mexico"
General Motors CEO Mary Barra has said she hopes tariffs can be avoided, as Mexican President Claudia Sheinbaum has signaled that authorities are "working and holding conversations to take the necessa
G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
These are General Motors’ plans in the face of Donald Trump’s possible tariffs
Global car industry in firing line of Trump's tariff threats vs Mexico, Canada
General Motors CEO flags growing industry threats
"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.
GM Posts Quarterly Loss, Makes Plans for Potential Tariffs
Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for the automaker.
GM CEO Mary Barra: I've talked to President Trump about tariffs
Shares of GM are down 8% since Nov. 25 as Trump ratcheted up his views on tariffs. Ford's stock is off by 8.7%. Tesla's ( TSLA) stock is up 20% as CEO Elon Musk cozied up to Trump and leads his government cost cutting efforts.
Why GM shares drop around tariff uncertainty, despite Wall Street beat
Inventors punished the automaker's exclusion of uncertainty surrounding potential policy shifts on GM's financial performance.
GM reports record profits with stronger results ahead. But Trump’s policies bring some uncertainty
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.
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Mexico Could Become the Regional Hub for MG Motors
MG Motors, the Chinese automaker, is steadfast in its goal to establish a plant in Mexico, aiming to transform the country into a strategic production hub. The company has already scouted various locations in Mexico.
GM results top Wall Street targets, boosted by gas-powered trucks and SUVs
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations as the U.S. automaker continued to see strong consumer demand
Rivian CEO Sounds The Alarm On Trump's Tariffs
R.J. Scaringe said tariffs on Mexico and Canada could have a bigger impact than the end of the EV tax credit. Forget the EV tax credit. Rivian founder and CEO R.J. Scaringe is far more concerned about another threat from President Donald Trump: tariffs.
American Axle's latest acquisition highlights its long rise from near death
American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, continues its growth.
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GM workers to receive record setting profit-sharing checks
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,