U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom ...
If 25 percent tariffs are slapped on imports from Mexico and Canada, vehicles made there by GM, Ford, and Stellantis would ...
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GM Stock Plunges On Possible Tariffs
Tariffs could hurt GM and Ford's profits. GM's stock dropped sharply as it appeared that tariffs would hit its bottom line.
U.S. President-elect Donald Trump's plan to slap a 25% tax on all imports from Mexico and Canada could strike the bottom ...
Stocks of GM and Ford took a hit, amid concerns that Trump’s plan for tariffs on imports from Mexico and Canada could cut ...
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During its investor day in October, GM stressed that it has been focused on whittling the number of option packages and parts it uses, which can boost efficiencies while cutting costs. With its ...
GM, Stellantis and Ford declined to comment ... Mexico and Canada account for more than 50% of all auto parts exported to the United States - sending nearly USD 100 billion in parts.
The company reported it will close 523 corporate stores, exit 204 independent locations and shutter 4 distribution centers by ...