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General Motors' CFO Paul Jacobson made the remarks last week at the Deutsche Bank Global Auto Industry Conference.
Recently, tariffs by the Trump administration could have a $4 billion to $5 billion impact on GM cars imported from South Korea, Mexico and Canada.
The new investment will not reduce any production in North America and does not include previously announced U.S. investment as part of UAW contracts.
“Today’s $888 million investment is great news for the hundreds of workers at the plant and builds on New York’s manufacturing legacy by providing world-class products to the global market. I look ...
South-Central Kentucky leans into moving fast. As the sole manufacturing site of GM’s Corvette sports car, America’s icon of ...
GM CEO Mary Barra said the investment "demonstrates our ongoing commitment to build vehicles in the U.S. and to support ...
Get ready for an accessible EV! GM has hinted at an upcoming affordable, next-gen electric vehicle, confirming it will be ...
General Motors Company (NYSE: GM) is one of the 8 Biggest EV Stocks to Watch in 2025. It has announced a $4 billion ...
ICYMI: President Donald Trump overturned California’s EV mandate. The United States secured a deal for rare earth materials ...
In addition to doubling electric vehicle sales within the first six months of 2025, GM said its share of the electric vehicle market doubled.
The GM Orion plant in Michigan is receiving half of the automaker’s recent $4 billion investment to increase vehicle capacity ...
Also, GM announces billions in domestic manufacturing investment, and let's talk off-the-shelf technology versus homegrown.
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