News

UBS downgrades GM as Trump tariffs hit sales and raise costs
UBS is getting bearish on General Motors (GM) and President Trump’s 25% auto tariffs are to blame. UBS downgraded GM to ...
General Motors to Suspend Production, Lay Off 500 at Electric Vehicle Plant in Ontario
General Motors has temporarily halted production of its BrightDrop electric delivery van as the automaker will initiate ...
GM Just Blinked After Trump’s Tariff War Escalated
Not long after President Trump announced massive 25% tariffs on automotive imports in the United States, General Motors has ...
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Trump Import Tariffs Could Compromise GM Korea Longterm Stability
The longterm stability of GM's South Korean division, GM Korea, has been called into question in the face of new tariffs ...
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GM and Ford leaders' messages to employees indicate impact from Trump tariffs
GM leadership said teams are studying the Trump tariff mandate to devise scenarios to best navigate any impacts from the ...
GM Lays Off 200 Workers At EV Plant And It’s Not Because Of Trump
Factory Zero production is being readjusted as GM needs to rethink its EV strategy in light of the current market situation ...
GM Halts Production of EV Van at Canada Plant
General Motors said it has temporarily halted production of its BrightDrop electric delivery van and plans to cut workers at a plant in Canada, marking another blow for the Canadian economy as it ...
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Trump Tariffs Will Lead To Much Smaller UAW GM Worker Profit Checks, Analysts Say
Financial analysts are predicting Trump tariffs could reduce profit-sharing checks for UAW members who build cars for ...
GM Pausing Canadian Plant, But Tariffs Are Least Of Its Concerns
According to Unifor, GM will initiate temporary layoffs on April 14 and then bring workers back for limited production in May ...
GM’s cost for cars made in Mexico or Canada to rise by $4,300 per vehicle and dent profit
UBS downgraded GM’s stock to neutral from buy and slashed its price target on the stock to $51 from $64. Analysts also cut ...