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The Latest Breaking News from GM

GM’s $5billion hit due to Donald Trump’s tariffs will not impact Cadillac F1 project

General Motors president Mark Reuss has revealed a potential $5 billion hit from tariffs introduced by United States president Donald Trump – but insists it will not impact on the Cadillac Formula 1 team.

Motorsport

GM boss insists Trump tariffs will not impact Cadillac F1 project

Autosport

What’s driving Cadillac? New F1 team counting down seconds to 2026 entry

Red-carpet launch in Miami has to be backed up with a car on the grid next season, with Briton Graeme Lowdon leading the push

The Guardian - UK

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GM warns that Trump’s tariffs will cost the car manufacturer an extra $5 billion in 2025

The U.S. car manufacturing giant has cut profit forecasts for 2025 by 20 percent

The Independent UK

GM’s $5B tariff gut punch shows how painful it will be for U.S. automakers to adapt to Trump’s vision

GM executives described various "levers" the carmarker can pull to offset some of the sting of the tariffs, and said the company should benefit from adjustments to the auto tariffs that Trump announced this week.

Fortune

As bold CEO voices challenge Trump’s tariffs amid recession fears, one CEO association seems missing in action

Trump’s tariffs have been wreaking havoc on the economy, and consumer and business confidence have plummeted.

Fortune

McDonald’s and General Motors say Trump’s tariff war is harming business

Fast-food company reports 3.6% fall in sales and carmaker says tariffs could cost it as much as $5bn in 2025

The Guardian - UK

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GM Cuts 2025 Outlook, Projects Up To $5 Bn Hit From Tariffs

General Motors pledged Thursday to take additional steps to boost its US supply chain after projecting a $4-5 billion hit to the US auto giant's 2025 earnings from President Donald Trump's tariffs.

International Business Times

GM Expects to Lose '$4 to 5 Billion' Over Tariffs

General Motors held its first-quarter 2025 financial call today. The event, delayed from April 30 to allow the Trump administration to announce more tariff changes, revealed GM will be out billions of dollars unless something changes.

Motor1

General Motors Won't Raise EV Prices Due To Tariffs

General Motors signaled Thursday that it plans to hold prices steady across its U.S. line-up this year, even as it braces for billions of dollars of cost impact on its business due to the Trump administration’s tariffs. That’s welcome news for electric vehicle buyers, especially those eyeing models like the…

InsideEVs

GM Claims No. 2 EV-Maker Status As It Warns Of $4-$5 Billion Tariff Hit

When the CEO of General Motors has to front-load a letter to investors with a thank-you note to President Donald Trump "for his support of the U.S. automotive industry," you know that the road ahead is about to get bumpy.

InsideEVs

GM recalls nearly 600,000 trucks and SUVs over potential engine issues: Check the impacted models

Impacted owners can get their engines fixed for free at any Cadillac, Chevrolet or GMC dealership

The Independent UK

Over 28,000 People Complained Before GM Recalled Its 6.2-Liter V-8

On April 24, General Motors issued its largest recall of 2025 so far. It affects 597,630 full-size trucks and SUVs from 2021 through 2024, including the Chevrolet Silverado 1500, Suburban, and Tahoe. The GMC Sierra 1500 and Yukon are also in the recall, as is the Cadillac Escalade. These vehicles…

Motor1

General Motors withdraws guidance due to ‘massive tariff uncertainty,’ analyst says

GM joins a growing list of companies forgoing quarterly profit forecasts.

Fortune

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International Business Times

Trump Tempers Auto Tariffs, Winning Cautious Praise From Industry

Trump signed an executive order to limit the impact of overlapping tariffs on automakers. He also released a proclamation that gives the industry a two-year grace period to move supply chains back to the United States and reduce "American reliance on imports of foreign automobiles and their parts."

Kiplinger

Stock Market Today: Stocks Extend a Quiet Winning Streak

The S&P 500 Index could actually close April with a monthly gain, which would be an extraordinary sign of market resilience.

InsideEVs

GM’s Orion Plant Was Supposed To Be All-EV. Now, Maybe Not

General Motors announced it was investing $4 billion to expand its Orion assembly plant in suburban Detroit and retool it for electric vehicle production, but that may not happen as initially announced, Automotive News reported.

International Business Times

Trump Signals Relief On Auto Tariffs As Industry Awaits Details

The White House said Tuesday it will soften tariffs on automakers, sparking optimism in Detroit whose car manufacturing industry has been on tenterhooks awaiting details on President Donald Trump's fast-evolving policy.

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Motor1

Trump Blinks, Plans to Offer Tariff Deal for American Automakers

It's been less than a month since President Trump implemented a blanket 25-percent tariff on foreign-made cars and car parts. Now, in an effort to improve relations with automakers and the public on his 100th day in office, the administration plans to offer partial relief from those tariffs.

Motor1

GM Recalls Over Half a Million Trucks and SUVs Over Engine Defects

General Motors is recalling nearly 600,000 vehicles due to potential engine issues. The 6.2-liter V-8 engine that powers many of the automaker's most popular models has a problem where potential defects with the connecting rods or crankshaft can lead to engine damage and catastrophic engine failure.

InsideEVs

Foxconn's Model C Is Coming To The U.S.—But It Won't Wear A Foxconn Badge

Foxconn—yes, the same company that builds the iPhone you might be reading this on—is gearing up to become a real player in the American EV market. And just like its gig with Apple, the company plans to build the product while letting someone else market and sell it.

InsideEVs

The Buick Electra GS Concept Is A Stunning Way To Fight Back In China

InsideEV’s Editor-in-Chief, Patrick George, and I are still in China, both awestruck by just how good the PHEVs and EVs on Chinese roads are. It’s not just the local brands either. It seems like this year, Western automakers are starting to figure out just how to hit back. Buick showed…

InsideEVs

The Electric Van Is Poised To Take Over The World

Mercedes helped invent the motorized van in Germany in the late 19th century. Now, it’s reinventing the category for America in the 21st. The global luxury brand has announced that it will be sending various iterations of its modular, battery-powered VAN.EA architecture to the States to move not just cargo,…

Digital Camera World

Sony's new FE 50‑150mm f/2 GM puts a superfast spin on the trinity tele‑zoom

Sony is adding another lens to its f/2 trinity lineup with the Sony FE 50‑150mm f/2 GM

InsideEVs

The 2025 Chevy Blazer EV SS Is A Performance Crossover For Normies

The 2025 Chevy Blazer EV SS isn’t the drifty, playful performance EV of our dreams. Chevy made that clear before I even got in the driver’s seat.

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