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General Motors’ Q2 profit fell 32% to $3bn due to a $1.1bn tariff hit from Trump’s trade policies, with the carmaker warning of deeper losses in the next quarter.
The company confirmed speculation set off by President Trump last week that it will release cane-sugar-sweetened trademark ...
General Motors has reported a sharp drop in profits as it took a $1.1bn hit in Q2 due to the impact of trade tariffs. It said the net impact reflected ‘minimal mitigation offsets’. Net income was down ...
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General Motors will invest $4 billion in three U.S. manufacturing sites over the next two years to prepare for changing production slated to begin in 2027. Two popular Chevrolet models also will move ...
China’s emerging dominance owes largely to a singular manufacturing achievement: Slashing vehicle-development time by more ...
Trevorrow began his GM career in North American manufacturing, holding a variety of leadership positions before moving to a role in Japan. In 2013, he was promoted to executive director, global body, ...
Company veteran Mike Trevorrow will serve a dual role overseeing the automaker’s worldwide manufacturing and engineering operations.
The new investment will not reduce any production in North America and does not include previously announced U.S. investment as part of UAW contracts.