General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.

The company expects losses will narrow with its battery-powered vehicles, a reorganization of the China business will lead to improved results, and GM is ending robotaxi development at Cruise, its autonomous vehicle unit,

General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United Auto Workers union, and said that it expects even better operating results in the year ahead.

If you own a Chevrolet, it could be part of a huge nationwide recall. Transport Canada issued a recall notice this month for 5,599 Chevrolet Equinox

"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 and full-year 2024 earnings, where they posted major losses. The automaker behind Chevrolet and Cadillac said it lost $2.

General Motors has a plan in place to deal with President Donald Trump's proposed tariffs. We just don't get to know what it is.

Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for the automaker.

According to the recently published annual report, General Motors is making progress with the cost structure of its electric cars. Sales of electric vehicles

Hourly workers of General Motors will be receiving a record-breaking profit-sharing check this year. The company announced Tuesday more than 40,000 eligible hourly workers, including those at the Kokomo General Motors Components Holdings plant,

GM reported pre-tax profit of $2.5 billion in the quarter but reported a $3 billion net loss, mostly because of $4 billion in restructuring charges in China where it lost $4.4 billion in the year. The China business did return to profitability before restructuring charges in the fourth quarter, Jacobson said.

US President Donald Trump has pledged to place 25 per cent tariffs on imports from Mexico and Canada from Feb. 1 if the two countries are not judged to be doing enough to stop the flow of fentanyl into the United States.

In a car market where consumers are extremely sensitive to prices, the addition of a 25 per cent universal export tariff could have a distorting effect, according to an auto sector analyst. U.S. President Donald Trump has threatened to slap Canada and Mexico with such a tariff as early as Saturday.