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GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.
GM planned to restart Orion Assembly after a $4 billion retooling and expansion to build the Silverado EV and GMC Sierra EV later this year.
President Donald Trump is expected to announce that his auto tariffs will not apply to all cars finished in the United States and made with 85% domestic content.
For the quarter ended March 2025, General Motors (GM) reported revenue of $44.02 billion, up 2.3% over the same period last year. EPS came in at $2.78, compared to $2.62 in the year-ago quarter. The ...
GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.
Automotive manufacturer General Motors (NYSE:GM) reported in Q1 CY2025, with sales up 2.3% year on year to $44.02 billion.
General Motors has pulled its annual forecast, reflecting the uncertain effects of U.S. President Donald Trump's global trade ...
President Donald Trump is in Detroit, where some tariff reprieves are expected to be annnounced. The uncertainty over the ...