The automobile industry seems to be caught squarely in the middle of the geopolitical impasse, but there's one curious exception.
The markets received good news when it was announced that President Donald Trump would pause reciprocal tariffs on most countries for 90 days and is opting to implement a base 10% tariff on most goods....
The company just reported a 13% decline in first-quarter deliveries. The brand is in the midst of an unprecedented crisis due to CEO Elon Musk's political turn, helming the operation known as the Department...
It's been a chaotic week for investors. The Dow Jones, the S&P 500 , and the Nasdaq Composite all saw one of the worst multi-day stretches in years. This comes as a trade war escalated between the U.S....
GM informed the union of temporary layoffs starting April 14 at CAMI Assembly. Workers will return in May for limited production, and thereafter, production will cease again, with operations idling until...
Canada’s subsidiary of General Motors says that it's temporarily halting production and cutting staff at an assembly plant in Ingersoll, Ontario, because of lower-than-expected demand for its electric...
/CNW/ - The news of General Motors' decision to temporarily halt and then reduce production of the BrightDrop electric delivery van at CAMI Assembly Plant is...
Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty
Why General Motors (GM) Shares Are Plunging Today
The firm expects the net price of new vehicles in the U.S. to rise by about $2,000 to $4,000 over the next 6-12 months as car manufacturers pass on tariff-related costs, Reuters reported.