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General Motors CEO says automaker has plans to deal with tariffs, has been in talks with Trump administration

Summary by The Globe & Mail
Mary Barra provided no details on how the automaker will respond to the tariffs, nor how they will affect GM, which has manufacturing facilities in Canada and Mexico as well as the U.S.

7 Articles

MEXICO CITY.- Faced with uncertainty about the trade policies of the Donald Trump government, General Motors (GM) has pointed out that it could move part of its vehicle production from Mexico and Canada to the United States. This arises after the president of the United States threatened to impose new tariffs on the exports of these countries, especially those vehicles manufactured in Mexico. Mary Barra, president and CEO of GM, commented during…

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The shipowning company has taken precautions in case the US president imposes 25% tariffs By: Editor General Motors (GM) is considering transferring part of its production from Mexico to the United States before the possible imposition of a 25% tariff by the government of Donald Trump. This measure would affect not only Mexican products, but also goods coming from Canada, with the aim of pressuring both countries on issues such as immigration an…

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In a press conference with analysts, Mary Barra, CEO and president of General Motors, was confident that Claudia Sheinbaum would be able to negotiate with the Trump administration and avoid tariffs. “We are encouraged that President Sheinbaum has indicated that she is working and holding conversations to take the necessary measures that the Trump administration is seeking, specifically around immigration and some other things, to avoid tariffs. …

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Mexico is a key country for GM, the second largest assembler in the world in terms of sales, with a share of 13.7% of the entire global market at the close of 2024 The entry If Trump increases tariffs, General Motors will remove part of its production from Mexico was first published in La Voz de Michoacán.

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General Motors (GM), one of the largest car manufacturers in the world, is evaluating the possibility of transferring part of its production from Mexico to the United States. This decision arises in response to the increasing tariffs imposed by Mexico, which significantly affect the operating costs of the company. The measure aligns [...]

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diariocambio.com.mx broke the news in on Wednesday, January 29, 2025.
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