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Trump, GM and tariff

Fortune on MSN · 15h

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 International · 23h

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 · 1d

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 · 21h

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 Associated Press on MSN · 15h

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

On Thursday the automaker said that it now foresees full-year adjusted earnings before interest and taxes in a range of $10 billion to $12.5 billion. The guidance includes a current tariff exposure of $4 billion to $5 billion. GM previously predicted 2025 adjusted EBIT between $13.7 billion and $15.7 billion.

Reuters on MSN · 1d

GM cuts 2025 profit forecast as tariff results in up to $5 billion impact

General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and reprieve from the White House this week on automotive tariffs.

21h

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 ...

23mon MSN

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

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

2don MSN

GM posts strong Q1 results, but will reassess 2025 due to auto tariffs

General Motors posted strong financial results for its first quarter on Tuesday, but says it will reassess its full-year ...

GM Fort Wayne Plant To Increase Production By About 20 Percent: Video

GM is boosting production of Chevy Silverado and GMC Sierra pickups at its Fort Wayne plant by 50,000 units annually, while ...

1don MSN

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

By Christoph Steitz, Marie Mannes, Kalea Hall, Lisa Baertlein FRANKFURT/STOCKHOLM/DETROIT/LOS ANGELES (Reuters) -The fallout ...

1don MSN

Did GM Just Kill the Best Reason to Own the Stock?

There's another way that value stocks like GM can return capital to shareholders -- through share buybacks. Buying back stock ...

2don MSN

GM reports lower first-quarter profit after production hurdles hit full-size pickups, SUVs

GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.

2don MSN

GM pulls forecast due to tariffs as nervous consumers rush to buy

General Motors on Tuesday pulled its annual forecast, reflecting the uncertain effects of U.S. President Donald Trump's ...

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