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General Motors is building a U.S.-based EV supply chain, investing in LFP batteries, and defending margins despite tariffs.
GM recently became the number two seller of EVs in the world, surpassing Ford, and closing the gap with Tesla amid that ...
G eneral Motors (GM) has put a tangible figure on the financial strain caused by the Trump administration's tariffs, estimating a cost of $4 billion to $5 billion this year. This substantial ...
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Money Talks News on MSNYour Next GM Vehicle Just Got More Expensive Thanks to New Auto TariffsGM's massive $4 billion shift from Mexican to American factories will reshape car prices for years. Smart buyers need to act fast before tariffs make certain vehicles thousands more expensive.
The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.
As part of its Q1 2025 earnings report, GM says it is taking a hit worth $4-5 billion due to the tariffs, which have seriously hurt some of the carmaker's core import markets in Asia.
Tariff-driven uncertainty isn’t just a cost or supply chain concern; it’s also a marketing communications challenge.
General Motors CEO Mary Barra shared her expectations for auto tariffs and their potential impacts on the industry, including how the company plans to absorb the earnings impact.
The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year. But in an interview on CNN, CEO Mary Barra said the ...
Exchange Rate Challenges – Tariff changes often influence currency values, adding yet another factor complicating pricing calculations and forecasts. Opportunities for Strategic Growth: ...
Rising tariff uncertainty and higher material prices, among other factors, has resulted in several European car companies to implement drastic cost-cutting measures.
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