GM’s EV charges balloon to $7.6B as US demand craters
General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery ...
Tag: GM
Detroit’s carmakers to save billions in Trump emissions rollback
President Donald Trump’s push to cut federal sales incentives and roll back emissions standards is shaping up to be a ...
GM cuts bolt EV production plan as tax credit loss looms
General Motors Co. will start the launch of the Chevrolet Bolt electric vehicle in December with one shift at its ...
Hyundai Motor America sales jump 14.9% in July
Most automakers saw sales climb in July as heavy incentives and the pending elimination of the EV federal tax credit ...
Ford sales jump 14.2% YoY in Q2, Subaru drops 15.8% in June
Major automakers saw mixed sales in June and the second quarter, determined in part by OEMs’ abilities to mitigate tariff-induced ...
American car, made in Korea: Why GM gets roiled by tariffs
Long gone are the days when an imported car meant a foreign car. And no company proves the point more ...
GM suspends guidance, freezes share buyback on Trump tariffs
General Motors Co. is pulling earnings guidance for 2025 and putting $4 billion in share buybacks on hold until it ...
Automakers cut prices, shift production as tariffs hit
Automakers are cutting prices and changing production strategies as auto tariffs go into effect. Both Ford and Stellantis announced they ...
