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General Motors is investing $4 billion to produce more gasoline vehicles in the U.S. to cope with the twin challenges of high ...
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GM CEO Mary Barra says tariffs could cost it $5 billion this yearShe praised the Trump administration while highlighting the challenges GM faces in new economic headwinds from tariffs. Barra wrote she is “ grateful to President Trump for his support of ...
General Motors said on Tuesday that it would invest $4 billion into three US plants to boost production of gas and electric vehicles, as a 25% tariff on imported cars by President Donald Trump ...
“If the U.S. tariffs remain in place, GM will no longer have any reason ... However, despite the challenges that come with moving manufacturing across international borders, Lee thinks it ...
She and GM CFO Paul Jacobson noted that ... in the Trump administration has added to the challenge, leaving businesses uncertain if the tariffs announced by Trump will be changed or scrapped ...
General Motors cut jobs in Rochester as EV sales stall and production shifts to Mexico, reflecting short-term uncertainty in ...
General Motors halts US vehicle exports to China amid tariff tensions despite a recent 90-day pause in wrangling.
GM alone expects about $5 billion in costs, on the high end, related to tariffs, Barra told investors last month. The Detroit automaker based long-term production and supply chain strategies ...
It will power some of the company's very profitable Chevy Silverado and GM Sierra pickups and Chevy ... And of course there are the looming tariffs. "It's related to getting some goodwill from ...
Korea are grappling with escalating demands from labor unions for substantial wage increases, compounding challenges posed by ...
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