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GM, tariffs

Tariff Impact: GM Guidance Shifts As Price Hikes Hit 7 Big Brands

Major brands announce consumer price increases, as General Motors pulls its 2025 forecast due to tariff changes.

The Associated Press on MSN · 1d

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.

USA Today · 1d

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.

GM, Oshawa plant

cbc.ca on MSN · 23h

GM to lay off 750 workers at Oshawa plant, citing U.S. tariffs: union president

General Motors is laying off about 750 workers at its Oshawa Assembly plant as it makes changes to shifts due to U.S. tariffs, the president of the union representing workers said on Friday.

Detroit News · 20h

GM to cut shift at Canadian truck plant, citing Trump's tariffs

GM cited lower demand and the "evolving trade environment" in its decision to pare down manufacturing at the plant, which builds Chevrolet Silverados.

MarketWatch · 23h

Unifor calls for swift action as GM cuts shift due to tariffs

CNW/ - Unifor is calling for swift action following General Motors' announcement that it plans to reduce its Oshawa Assembly Plant from a three shift to a two shift operation this fall, citing Trump imposed tariffs.

1don MSN

GM CEO Mary Barra: Tariffs will cost us $5 billion, and prices ‘will stay at the same level’

The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion ...

2don MSN

GM Expects Tariffs to Cost Up to $5 Billion in 2025, Slashes Outlook

The automaker said earlier this week that it was shelving its profit guidance and would provide an update when executives had ...

GM and Ford CEOs Say New Auto Tariffs Won’t Raise Prices—Yet

General Motors (GM) and Ford (F) say consumers shouldn’t expect immediate price hikes on cars, even as the companies brace ...

1don MSN

GM slashes profit outlook, sees tariffs costing up to $5 billion

GM’s updated guidance comes two days after the carmaker reported quarterly earnings in which profit and revenue topped ...

4d

GM Suspends Guidance, Freezes Share Buyback on Trump Tariffs

General Motors Co. is pulling earnings guidance for 2025 and putting $4 billion in share buybacks on hold until it has more ...

1don MSN

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

GM executives described various "levers" the carmarker can pull to offset some of the sting of the tariffs, and said the ...

1don MSN

GM: Tariffs could cut $5B from profits

American automaker General Motors (GM) said Thursday that President Trump’s tariffs could cut as much as $5 billion from its ...

1d

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 ...

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