Although Indiana is set to gain hundreds of new jobs, experts warned that the added benefit may come at a cost to consumers, who could end up paying thousands more for vehicles.
General Motors is the latest automobile company to respond to President Donald Trump’s newly implemented auto tariffs, announcing it will be ramping up production in Indiana. The shake-up for GM, known for brands such as Chevrolet,
Both Detroit automakers reported upbeat Q1 sales as customers rushed to grab deals before the Trump's 25% tariffs on imported vehicles hit.
In messages obtained by the Free Press, GM and Ford outline impact of tariffs to the workforce and plans to address the issue.
3d
Barchart on MSNTrump’s Tariffs End GM’s Joyride: Is General Motors Stock a Buy or Sell Ahead of ‘Liberation Day’?President Donald Trump announced a 25% tariff on vehicle imports. These tariffs will take effect on April 3, a day after what the president has described as “liberation day,” when he is scheduled to announce his reciprocal tariffs.
General Motors and Ford reported upbeat first quarter US sales, just as the threat of tariffs portends pain ahead for the Big Three automakers.
The 25% tariffs is forcing automakers to rethink their manufacturing strategy. General Motors is planning to boost the output of its Indiana plant
General Motors is moving to increase production of light-duty trucks out of its Fort Wayne, Indiana, assembly plant, according to a webcast sent to plant employees and obtained by Reuters. The moves comes after the Trump administration announced 25% tariffs on auto imports.