News

Major brands announce consumer price increases, as General Motors pulls its 2025 forecast due to tariff changes.
General Motors is lowering its profit expectations for the year as the carmaker braces for a potential impact from auto ...
General Motors and Ford say consumers shouldn’t expect immediate price hikes on cars, even as the companies brace for the ...
Automakers are getting an idea of the real impact of new tariffs. In its updated guidance for 2025, GM expects a hit of as ...
The company projects an annual adjusted profit of $10-$12.5bn, accounting for $4-$5bn in potential tariff costs.
The increase comes as automakers navigate a new landscape shaped by 25 per cent tariffs on vehicle imports from key trade ...
MIAMI — General Motors’ plans to enter Formula One with its Cadillac team from next year and build an engine by 2029 have not ...
Among U.S. companies that have disclosed financial projections so far, GM sees a US$5 billion hit this year, while Apple ...
Import Models GM, which imports vehicles from South Korea ... Stanley Black & Decker Inc., which makes power tools and lawn ...
Reduced profit expectations and a potential $5 billion hit from automotive tariffs will not affect Cadillac's Formula One ...
Reports claim Sergio Perez has signed for the team but Team Chief Executive Dan Towriss confirmed that driver contracts are ...
Cadillac is preparing to become Formula 1’s 11th team from 2026, but it’s doing so against a backdrop of global uncertainty ...