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.
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.
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.
"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.
If you own a Chevrolet, it could be part of a huge nationwide recall. Transport Canada issued a recall notice this month for 5,599 Chevrolet Equinox
Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for the automaker.
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, but shares fell sharply in trading Tuesday as investors weighed the threat of tariffs that could hit the automaker's business.
Inventors punished the automaker's exclusion of uncertainty surrounding potential policy shifts on GM's financial performance.
According to the recently published annual report, General Motors is making progress with the cost structure of its electric cars. Sales of electric vehicles
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,
The company expects losses will narrow with its battery-powered vehicles, a reorganization of the China business will lead to improved results, and GM is ending robotaxi development at Cruise, its autonomous vehicle unit,
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.