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.

U.S. President Donald Trump has pledged to place 25% 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.

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 U.S. President Donald Trump follows through on his pledge to slap 25% tariffs on imports from Mexico it could usher in a volatile new chapter in the longstanding trade relationship with the impacts hitting consumers.

North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.

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.

"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.

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

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,

There’s been a lot of apprehension about when and if these tariffs will ever actually be implemented. Trump promised to impose those duties on day one of his new administration. That didn’t happen. Instead,

On a sales basis, German automaker Volkswagen is the most exposed to tariff risk, followed by Nissan Motor and Stellantis, S&P Mobility reports.

While Chrysler Corporation has yet other import any vehicles from China for the U.S. market, it is far from the most “made in the USA” of the Detroit Three.