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Category General Motors

MainNewsGeneral Motors
General Motors says it expects up to $5 billion Trump tariff impact this year

General Motors says it expects up to $5 billion Trump tariff impact this year

America’s largest automaker, General Motors (GM) says tariffs on imported cars imposed by the Trump administration will this year cost the company ...
Trump will ease tariffs for US automakers

Trump will ease tariffs for US automakers

President Donald Trump announced a plan to ease the burden of the new 25% tariffs on foreign-made vehicles and parts. Under the proposal, automaker...
Trump signals possible tariff relief for United States carmakers

Trump signals possible tariff relief for United States carmakers

Trump signals possible tariff relief for US carmakers as industry pressures mount over supply chain challenges and rising manufacturing costs.
Goldman Sachs analyst warns that Trump tariffs could drive car prices up by up to $15K

Goldman Sachs analyst warns that Trump tariffs could drive car prices up by up to $15K

Mark Delaney, Goldman Sachs auto analyst, warned that a 25% trump tariff on imported cars could raise the price by $5K to $15K depending on the ma...
Ferrari to hike prices by 10% in response to President Trump’s tariffs

Ferrari to hike prices by 10% in response to President Trump’s tariffs

Ferrari said that it will add up to $50,000 to the price of a typical Ferrari.