Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs thousands of people and produces a variety of vehicles, including the Leaf EV and Rogue crossover. Michael Wayland / CNBC DETROIT — President Donald Trump on Tuesday signed an executive order softening some of the automotive tariffs his administration put…
GMC trucks are displayed at Hanlees Hilltop GMC in Richmond, California, on Jan. 28, 2025. Justin Sullivan | Getty Images DETROIT — General Motors is set to report its first-quarter earnings before the bell Tuesday, but investors are more likely to focus on the automaker’s 2025 guidance than on quarterly results amid President Donald Trump‘s…
DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits. GM announced Wednesday it is increasing its quarterly dividend by 25% to 15 cents per share — matching that of crosstown rival Ford Motor….
President Donald Trump greets General Motors CEO Mary Barra (R) prior to a meeting with automobile industry leaders in the Roosevelt Room of the White House in Washington, DC, January 24, 2017. Saul Loeb | AFP | Getty Images DETROIT — General Motors believes it can mitigate up to 50% of potential tariffs President Donald…
A car carrier trailer waits in line next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan. 22, 2025. Guillermo Arias | AFP | Getty Images DETROIT — Tariffs announced Saturday by the Trump administration of 25% on goods from Canada and Mexico as…
