General Motors and Adapting to Tariffs @themotleyfool #stocks $GM

General Motors and Adapting to Tariffs @themotleyfool #stocks $GM

Tariffs could take a $5 billion bite out of GM's bottom line, but the company still expects to be profitable in 2025.

General Motors using U.S. tariffs as 'excuse to do less work in Canada': Auto analyst

General Motors is being accused of using Trump's tariffs simply as cover for reducing its Canadian industrial footprint.

Who Benefits If Tariffs Create Auto Jobs? Nonunion States

Consider the example of Hyundai in the US. Plus: Small American towns are hurting from Canadians’ boycott.

‘They’re scared’: Auto workers say tariffs already killing jobs

Last month, Mack Trucks announced it would be laying off about 10 percent of its unionized workers at its Lehigh Valley, Penn., plant. Company officials blamed tariffs and the economic uncertainty they’ve caused as the reason.“We were very surprised,” Mack Trucks employee and UAW Local 677 District 1 Committeeperson Dan Hand told Vox. “We have people that just started working on the shop floor Monday of last week. … They’re scared.”The layoffs c…

General Motors using U.S. tariffs as 'excuse to do less work in Canada' — auto analyst

General Motors is being accused of using Trump's tariffs simply as cover for reducing its Canadian industrial footprint.

Trump promised his tariffs would create jobs. They’re already destroying them.

Workers install a dashboard inside a semi truck cab at the Mack Trucks cab and vehicle assembly facility in Macungie, Pennsylvania, on December 20, 2018. Pennsylvania’s Lehigh Valley was once synonymous with America’s industrial might.  The region was known for its booming manufacturing economy anchored by companies like Mack Trucks and Bethlehem Steel, the latter of which employed over 30,000 workers at its peak in the 1950s.  But manufacturing…