General Motors Stock News

General Motors Company (NYSE:GM ) Bernstein 41st Annual Strategic Decisions Conference May 29, 2025 11:00 AM ET Company Participants Mary Barra - Chairman & CEO Paul Jacobson - EVP & CFO Conference Call Participants Daniel Roska - Bernstein Daniel Roska All right. Good morning, everybody.

General Motors is investing $888 million in its Tonawanda Propulsion plant in Buffalo, New York, "to support the production of the sixth generation of GM's V-8 engines," the automaker announced.

Mary Barra says tariffs can help even the playing field with foreign competitors.

General Motors is investing heavily into a New York plant that will produce its next generation of V-8 engines that will go into trucks and SUVs.

As Stellantis names insider Antonio Filosa to take over as chief executive, it turns out Wall Street is expecting more from the Jeep maker's stock price than any of its major rivals.

The company said the investment marks its largest single investment in an engine plant, and makes Tonawanda its second propulsion plant to produce the sixth generation of V-8 engines.

General Motors is investing at least $800 million at a New York propulsion plant to increase engine production there, according to two sources familiar with the matter.

While President Donald Trump and his fellow Republicans have celebrated a provision in their megabill that delivers a tax break for many Americans with car loans, its modest benefit looks set to get blotted out by Trump's tariffs on the auto sector.