GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for 2025.
Auto Dealer Turned Senator Becomes Key Figure in Trump’s Anti-EV Crusade
Bernie Moreno’s childhood dream was to become chairman of General Motors Co. He didn’t make it to the boardroom, but he did ...
Bridge Magazine1d
Michigan braces for Trump tariffs on Canada, a $77B trade partner
President Trump said Thursday he is moving forward with plans for a 25% tariff on Canadian imports. Michigan will be ‘disproportionately affected’ as a border state with heavy auto trade, according to ...
American Axle's latest acquisition highlights its long rise from near death
American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, ...
General Motors workers to receive record profit-sharing checks as EV production uncertain under Trump
General Motors announced record-breaking profits, which workers will see in their pockets with a $14,500 check.
Why GM shares drop around tariff uncertainty, despite Wall Street beat
Inventors punished the automaker's exclusion of uncertainty surrounding potential policy shifts on GM's financial performance ...
G.M. Has Plans Ready for Trump’s Canada and Mexico Tariffs
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump ...
GM Workers to receive record level profit-sharing checks
In 2025 GM will be offering three new Cadillac EVs, the Escalade IQ, Optiq, Vistiq. Barra also said the automaker will see ...
General Motors swings to fourth quarter loss on toughing China conditions, but tops expectations
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped ...