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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.
There's relief on the horizon for automakers, as the White House has announced that President Donald Trump plans to sign an ...
General Motors posted strong financial results for its first quarter Tuesday, but says it will reassess its expectations for ...
Despite the market uncertainty caused the Trump administration’s import tariffs, GM has no intention to move production of ...
Current US production ... expansion. In addition, the chairman of the local United Auto Workers union, Rich LeToruneau, added that between 225-250 additional full-time jobs will be added. GM ...
and was GM’s first U.S. powertrain or propulsion-related factory transformed for EV-related production. The move comes at a time when uncertainty around potential tariffs on imported vehicles ...
Reuters first reported that GM would increase production at the Indiana assembly plant in early April after U.S. President Donald Trump announced 25% tariffs on auto imports. A spokesperson for ...
including Ford and GM, from its plant in Mexico as they comply with existing import rules. But even if it had to, moving production to the U.S. would expose it to tariffs in place on the special ...
If US tariffs remain in the long term, we think vehicle production ... enable margin expansion over time. Our weighted average cost of capital is about 10%. Our estimate for GM's midcycle ...
General Motors is increasing transmission production at the GM Toledo Propulsion ... The 25-percent tax on vehicles assembled outside the U.S. is expected to extend to individual vehicle ...
The decision to increase production in Ohio follows reports in early April about GM’s plans to boost output at the Indiana assembly plant. This development came after US President Donald Trump ...