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Blunt said in an interview the U.S. companies and workers “definitely are at a disadvantage” because they face a 50% tariff on steel and aluminum and a 25% tariff on parts and finished vehicles, with ...
Blunt was similarly critical in May after Trump announced a trade deal with the United Kingdom. Under the terms of that deal, ...
General Motors Company (NYSE:GM) is navigating a complex automotive landscape, contending with rising tariffs and significant ...
Trump said late Tuesday that Japan would be subject to a 15% tariff, significantly lower than the 27.5% rate currently in ...
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
Shares of General Motors , Ford Motor , and Jeep-maker Stellantis , some of the biggest automakers in the U.S., rallied on ...
Tariffs instituted by President Donald Trump have cost Detroit-based General Motors an estimated $1.1 billion in the second quarter of 2025, the automaker said Tuesday. GM says the costs largely ...
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Soy Nómada on MSNGM won't raise car prices despite tariff hit, CFO saysDespite major tariff costs, GM won’t raise car prices—choosing to absorb the hit and focus on long-term solutions instead.
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
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GM Q2 Deep Dive: Tariffs, EV Scaling, and Margin Pressures Shape OutlookAutomotive manufacturer General Motors (NYSE:GM) reported in Q2 CY2025, but sales fell by 1.8% year on year to $47.12 billion ...
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