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The cultural shift in moving away from the image of a metal-bending manufacturer into a software-led technology company ...
Despite expressing gratitude to President Trump, General Motors CEO Mary Barra revealed the company anticipates a $4 billion to $5 billion hit from tariffs this year. GM is attempting to balance ...
General Motors CEO Mary Barra says consumers ... That shift helped GM calculate its projected tariff cost for the year: between $4 billion and $5 billion, said Barra in a shareholder letter ...
GM Canada says it plans to cut a shift at its ... and devastate the North American industry. General Motors CEO Mary Barra warned on Thursday that the tariffs could cost the company up to $5 ...
Meanwhile, major companies are coping with the effects of Trump's steep tariffs: Xbox is increasing prices, General Motors Co. CEO Mary Barra said the company will take a $5 billion hit, and ...
General Motors Co. GM CEO Mary Barra says that U.S. President Donald Trump's tariffs on the automotive industry will cost the company over $5 billion, but assures that GM’s pricing will remain ...
GM CEO Mary Barra informed shareholders that the company ... a reduction from the prior range of $11.2bn to $12.5bn. Additionally, GM projects 2025 full-year capital spending to be between $ ...
In a letter to shareholders, GM CEO Mary Barra outlined the financial toll of these tariffs, as the automaker revised its earnings projections downward. This marks the first time a major company has ...
GM expects to offset "at least" 30 percent of that tariff hit from "self help" measures that include relatively quick changes to its production and supply chain footprint, executives said. Chief ...
Ford sold 208,675 vehicles in the US last month, a 16% increase from the same period last year and a new April record. Electrified vehicle sales, including EVs and hybrids, rose 8.4%. However, it ...
GM’s Q1 2025 EPS of $2.78 exceeded forecasts by 6.5%. Revenue rose 2% year-over-year to $44 billion. The company’s U.S. market share increased to 17.2%. EV sales grew over 90% year-over-year. GM ...