Barra, Mary T – MOSAEC

GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions

General Motors now expects to earn a lot less than it did before President Trump imposed 25% tariffs on imported cars and auto parts.

By Neal E. Boudette

Automobiles Barra, Mary T Customs (Tariff) Electric and Hybrid Vehicles General Motors International Trade and World Market United States Economy

G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll

General Motors also said its profit in the first three months of the year fell 7 percent from a year earlier.

By Neal E. Boudette

Agriculture and Farming Automobiles Barra, Mary T Bessent, Scott Canada China Customs (Tariff) Elkann, John Europe Farley, James D Jr (1962- ) Ford Motor Co General Motors International Relations International Trade and World Market Lutnick, Howard W Mexico Potash Stellantis NV Trump, Donald J United States Economy United States Politics and Government

Trump’s Unwelcome News to Auto Chiefs: Buckle Up for What’s to Come

President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.

By Jonathan Swan Maggie Haberman and Ana Swanson

Automobiles Barra, Mary T Canada Customs (Tariff) Factories and Manufacturing Ford Motor Co General Motors Honda Motor Co Ltd International Trade and World Market Layoffs and Job Reductions Linamar Corporation Mexico Ontario (Canada) Presidential Election of 2024 Protectionism (Trade) Sports Utility Vehicles and Light Trucks Stellantis NV Toyota Motor Corp Trump, Donald J United States United States Economy United States International Relations Volkswagen AG

Trump’s Canada and Mexico Tariffs Could Hurt Some Carmakers

General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.

By Neal E. Boudette