General Motors Stock News

Company Recognized for Innovation Excellence at GM's 33rd Annual Supplier of the Year Award   SEOUL, South Korea , April 13, 2025 /PRNewswire/ -- LG Electronics (LG), a mobility sector technology leader, has been honored at General Motors' (GM) 33rd annual Supplier of the Year event in Arizona, USA, earning the coveted title of "Creativity Team Award" for redefining in-vehicle entertainment and...

The markets received good news when it was announced that President Donald Trump would pause reciprocal tariffs on most countries for 90 days and is opting to implement a base 10% tariff on most goods. Automakers, however, didn't catch a break as the pause didn't extend to the 25% duty on vehicle imports.

As President Donald Trump's 25% tariffs on imported vehicles remain in effect despite a pullback this week on other levies, new analyses detail global implications for the automotive industry. Analysts are expecting to see a drop in vehicle sales in the millions, higher new and used vehicle prices, and increased costs of more than $100 billion for the industry,

As American businesses and shoppers try to figure out the effects of President Donald Trump's tariffs, one research center is offering estimates on what his new import taxes mean for automakers.

General Motors has temporarily halted production of its BrightDrop electric delivery van as the automaker will initiate temporary layoffs starting April 14 and workers will return in May for limited production.

General Motors is laying off 500 workers at a factory in Canada because of weak demand for its all-electric BrightDrop vans, according to CNBC.

General Motors is cutting production of its all-electric delivery vans at a plant in Canada ahead of idling the facility through much of this year. The plant will be reduced from two to one shifts, eliminating 500 jobs.