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GM, Ford CEOs and Raise Prices

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 this year, as the nation’s largest automaker slashed its earnings projections.

Observer · 18h

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 for the financial hit from President Trump’s newly clarified tariffs on imported autos and parts.

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.

GM, Tariff and Outlook

The Wall Street Journal on MSN · 1d

GM Faces Up to $5 Billion Tariff Bill in 2025, Slashes Outlook

The automaker postponed its full-year guidance until after President Trump announces his revised tariff structure.

MarketWatch on MSN · 1d

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 expectations.

The Hill on MSN · 1d

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 profits this year. In a letter to investors, GM CEO and Chair Mary

GM thanks Trump for $5 billion tariff hit it expects to take

Reuters on MSN · 1d

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

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.

Barron's on MSN · 1d

GM to Take as Much as $5 Billion Hit on Trump Tariffs. Why the Stock Isn’t Tanking.

GM reported first-quarter numbers on Tuesday but delayed its earnings conference call because President Donald Trump was set to change automotive tariff policies later in the day. The alterations came.

The Verge on MSN · 1d

GM thanks Trump for the $5 billion tariff hit it expects to take

The nation’s largest automaker needs to walk a delicate line of placating the president while also assuring investors it can weather the storm ahead.

GM, Oshawa plant

cbc.ca on MSN · 1d

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 · 22h

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 · 1d

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.

18h

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.

26mon MSN

3 Important Takeaways From GM's Strong Q1

General Motors posted a strong first quarter, topping estimates. But it suspended further share repurchases and has pulled guidance. All eyes and ears are on automakers' earnings calls to try and pick ...

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 ...

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 ...

22hon MSN

The White House says tariffs won't make car buying more expensive. Top automakers don't sound as sure.

Despite the White House's statements, Ford's top executive recently said he could not promise consumers wouldn't pay more.

1don MSN

GM lowers 2025 guidance, citing up to $5 billion in tariff exposure

General Motors on Thursday lowered its 2025 financial guidance to include an expected $4 billion to $5 billion impact as a ...

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.

2don 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 ...

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