In an unexpected twist, General Motors (GM) faces a growing financial hurdle in 2026 as tariffs continue to erode its profits. CEO Mary Barra announced that the company expects a $3 billion to $4 billion dent in its profit margins due to the imposition of tariffs, primarily on its South Korean imports. This new financial […]
In a major move aimed at tackling rising vehicle prices, President Donald Trump has unveiled plans to roll back the fuel efficiency standards for passenger vehicles. The decision, which comes as part of the administration’s broader efforts to curb inflation and address affordability concerns, is expected to have significant implications for the U.S. auto industry […]
In an unexpected turn, U.S. new-vehicle sales exceeded expectations in 2025, a year initially predicted to bring struggles for the automotive sector. General Motors (GM), the country’s top-selling automaker, continued to lead the charge, marking another strong performance amidst global uncertainties. Despite forecasts of sluggish sales, the U.S. auto market saw a notable uptick last […]
