General Motors News
Ford’s China business, including exports from the country, made $900 million in earnings before interest and taxes last year.
CAMI isn’t the casualty of a trade war. It’s a lesson in Business 101: Supply and demand.
Chevy has been riding high on its expanding EV lineup, led by the Equinox compact crossover as its affordable volume nameplate.
President Donald Trump said he is exploring possible exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up U.S. manufacturing.
A pricing dispute between two suppliers is threatening to shut down production of General Motors Co.’s most profitable vehicles.
General Motors awarded CEO Mary Barra compensation of $29.5 million in 2024, a 5.9 percent bump from the year before as the automaker posted strong earnings and executed on key business goals.
GM Canada said the move is designed to “balance inventory and align production schedules with current demand.”
General Motors is laying off workers at its all-electric Factory Zero plant where it is adjusting production “to align with market dynamics,” the company said.
General Motors is discontinuing the Cadillac XT6 gasoline-powered 3-row crossover at the end of 2025.
U.S. auto exports to China have dropped three consecutive years, and fell 13 percent to 109,356 in 2024, according to the China Automobile Dealers Association.
