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The largest U.S. automaker by sales said it expects the tariff impact to worsen in the third quarter after reporting a US$1.1 ...
Analysts said GM may need to cut investment in future projects or find other ways to trim spending to offset the effect of tariffs.
Jimmy Lee, the CEO of the Wealth Consulting Group, told the BBC that investors have so far overlooked the potential effects ...
General Motors Co.'s stock fell more than 7% on Tuesday after the carmaker's better-than-expected quarterly results were no match for worries about continued tariff impacts and demand, along with $1.1 ...
President Donald Trump returned to the White House six months ago. Here's the latest on how he's influencing Arizona.
Detroit Axle cites disruptions in its supply chain resulting from changes in U.S. import tariff policy when announcing the ...
Despite the substantial impact, the automaker managed to surpass Wall Street’s expectations, thanks to continued strong ...
GM announced its plans to end production of combustion engine vehicles by 2035, as part of its strategy to achieve carbon ...
General Motors Co. GM-N -0.02% says U.S. tariffs cost it US$1.1-billion in the second quarter, reducing profit by 35 per cent, and warns the financial impact of President Donald Trump’s trade policies ...
Meanwhile, the European Union still wants a trade pact with the US, but the bloc said to be readying its counterattack as ...
US Treasury Secretary Scott Bessent told Fox Business on Tuesday that he plans to meet his Chinese counterpart next week and discuss an extension of an August 12 deadline for higher tariffs. "I think ...