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General Motors announced that it plans to invest 888 million USD in its Tonawanda engine plant near Buffalo, New York, to ...
GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.
General Motors profits face risks from declining China sales, trade tensions, and rising costs. Click here to read an ...
GM is preparing to adjust ... and how intertwined they are with domestic manufacturing. To blunt the impact of the new tariffs, General Motors is ramping up production at several domestic plants ...
An $888-million project planned at Tonawanda, N.Y., will be General Motors largest-ever capital investment at one location ...
GM plans to halt shipments of cars to China as tariffs set in. Last year, GM sold 1.8 million vehicles in the foreign market.
following the Trump administration’s imposition of a 25% tariff on imported vehicles and auto parts. GM CEO Mary Barra ... indicating that domestic production could help the automaker sidestep ...
GM is also working with its suppliers to build more parts in the U.S. where possible and comply with the USMCA trade agreement. Production ... as the cells increases domestic content.
"We continuously update and revise production ... domestic manufacturing, has said sedans, SUVs, crossovers, minivans, cargo vans and light trucks will be affected. It will also hit key ...
General Motors says that the fallout caused by Donald Trump’s chaotic global tariffs will increase its annual costs by up to five billion dollars. On Thursday, the major U.S. car manufacturer ...
The Detroit automaker said production ... GM's business has been under pressure there for several years now due to a rapid rise in electric vehicles, increased regulations and new domestic ...
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...