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The automaker will not provide financial guidance for this year and 2026 as it fights tepid EV demand and trade tensions, including tariffs, weighing on the auto industry.
Some see underutilized U.S. plants as a quick way for automakers to shift production of imported models. But doing so would be a costly, time-consuming process, experts say.
GM CFO Paul Jacobson said the quarterly results were hampered, in part, by lower wholesale volumes of highly profitable ...
The move is in response to slow demand for EVs in the region and will help the automaker bypass high import tariffs to Europe.