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Trump, General Motors and tariffs

General Motors says Trump’s tariffs will cost company up to $5B, lowers 2025 profit projections

DETROIT -- The impact of President Donald Trump’s tariffs could cost General Motors up to $5 billion this year. In a letter issued to shareholders Thursday, the Detroit-based automaker lowered its 2025 profit projections to reflect the anticipated impact of the tariffs.

Daily Journal · 1d

GM tells shareholders tariffs will cost company up to $5 billion

Detroit-based automaker General Motors told shareholders Thursday that it expects tariffs will cost the company about $4 billion to $5 billion and it lowered its financial

Dailymotion on MSN · 1d

General Motors reveals true cost of Trump auto tariffs

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GM to reduce shifts at Canadian truck assembly plant

GM to reduce shifts at Canadian truck assembly plant amid demand, trade pressures

General Motors' Oshawa Assembly plant in Canada, which builds pickup trucks, will cut back to a two-shift schedule from three due to softening demand and trade-related challenges, the company and the union representing workers said on Friday.

The Detroit News · 7h

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.

Daily Journal · 6h

GM cuts shift at Canada plant over 'evolving trade environment'

General Motors said Friday it would reduce the number of shifts at a truck assembly plant in Canada, as US President Donald Trump's trade war upends the North American auto

9hon MSN

GM to Eliminate Shift at Oshawa, Ontario, Plant Due to U.S. Trade Policy

General Motors said it will eliminate a shift at its plant in Oshawa, Ontario, reflecting an updated forecast for demand and ...

Honolulu Star-Advertiser23h

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

DETROIT >> General Motors cut its 2025 profit forecast today after receiving some clarity and a reprieve from the White House ...

6hon MSN

Hudson's site development in Detroit snags first retailer Alo

Alo sells women's and men's athletic and athleisure apparel along with accessories.It will open a location in the Hudson site development in Detroit.

1don MSN

GM cuts 2025 profit forecast as tariff results in up to $5 billion impact

General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and reprieve from the White House this ...

1d

GM projects up to $5 billion hit on profits because of tariffs

GM executives said on an earnings call that the updated range accounted for Trump's 'little bit of help' on tariffs.

1don MSN

General Motors trims 2025 guidance, anticipating potential $5 billion tariff impact

General Motors is lowering one of its full-year financial forecasts as the company braces for the potential impact of auto ...

1d

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

General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and a reprieve from the White House this ...

3don MSN

General Motors reports 6.6% drop in Q1 profits, adjusts 2025 outlook

GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.

2don MSN

GM recalls nearly 600,000 Cadillac, Chevrolet and GMC cars due to engine failure risks

General Motors is recalling nearly 600,000 vehicles across its Cadillac, Chevrolet and GMC brands in the U.S. due to ...

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