General Motors closes two plants in Canada due to low demand and new U.S. tariffs.

El Universo

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General Motors (GM) temporarily stopped production at its CAMI plant, located in Ingersoll, Ontario, on April 14. The decision affects 1,200 workers, who will face temporary layoffs until at least October.

El Economista

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Large US car manufacturers, Ford, General Motors and Stellantis, could see a cost increase of more than $42 billion due to the 25% tariff imposed on imports from Mexico and Canada.According to the Michigan-based Automotive Research Center, 6.8 million vehicles are expected to be affected annually by tariffs on General Motors, Ford Motor and Stellantis.Over the entire industry, the figure would amount to 17.7 million vehicles affected.