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Tag: General Motors

GM CEO Mary Barra backs Trump’s auto tariffs as a tool to help US manufacturers ‘level the playing field’

GM CEO Mary Barra backs Trump’s auto tariffs as a tool to help US manufacturers ‘level the playing field’

General Motors CEO Mary Barra is voicing support for the Trump administration’s automotive tariffs, arguing they allow U.S. automakers to compete …

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The 11 Key Executives Running Tesla Behind Elon Musk’s Spotlight

The 11 Key Executives Running Tesla Behind Elon Musk’s Spotlight

Omead Afshar, vice president of North American and European operations Afshar joined Tesla in 2017 as a project manager in …

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Toyota Says Tariffs Will Erase .3 Billion in Profits in Just 2 Months

Toyota Says Tariffs Will Erase $1.3 Billion in Profits in Just 2 Months

A year ago, the world’s biggest automaker was on a tear. American consumers were snapping up Toyota Motor’s hybrids, and …

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CEO Jim Farley Says Ford Can Offset B in Tariff Costs

CEO Jim Farley Says Ford Can Offset $1B in Tariff Costs

Ford CEO Jim Farley says the company will take a $1.5 billion tariff hit in 2025. Bill Pugliano/Getty Images Ford …

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Car Prices Expected to Rise as Tariffs on Parts Kick In

Car Prices Expected to Rise as Tariffs on Parts Kick In

The United States imposed 25 percent tariffs on imported auto parts on Saturday that could sharply raise prices for new …

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GM and Ford CEOs Say New Auto Tariffs Won’t Raise Prices—Yet

GM and Ford CEOs Say New Auto Tariffs Won’t Raise Prices—Yet

General Motors CEO Mary Barra says consumers won’t eat tariff costs. Kayla Bartkowski/Getty Images General Motors (GM) and Ford (F) …

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

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

General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said the Trump administration’s …

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US Commerce Secretary Signals Tariff Relief Deal For Automakers In Major Policy Shift

US Commerce Secretary Signals Tariff Relief Deal For Automakers In Major Policy Shift

U.S. Commerce Secretary Howard Lutnick signaled Monday that an agreement had been finalized to reduce tariffs on automakers, marking a …

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

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

General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created …

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Howard Lutnick, Trump’s ‘Buoyant’ Trade Warrior, Flexes His Power Over Global Business

Howard Lutnick, Trump’s ‘Buoyant’ Trade Warrior, Flexes His Power Over Global Business

Since Howard Lutnick was tapped to serve as President Trump’s commerce secretary, executives from some of the world’s largest companies …

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How America’s Largest Carmakers Respond to Trump’s Auto Tariffs—For Now

How America’s Largest Carmakers Respond to Trump’s Auto Tariffs—For Now

Ford is offering new consumer discounts in response to tariffs. Artur Widak/NurPhoto via Getty Images Fresh discounts, hiked prices and …

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Auto Tariffs Take Effect, Putting Pressure on New Car Prices

Auto Tariffs Take Effect, Putting Pressure on New Car Prices

Tariffs on imported vehicles took effect Thursday, a policy that President Trump said would spur investments and jobs in the …

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