General Motors

GM executives have been telling suppliers they should find alternatives to China for their raw materials and parts, with the goal of eventually moving their supply chains out of the country entirely.

GM wants parts makers to pull supply chains from China

Rewiring supply chains from China is costly, complex

GM pares its outlook for EV sales after the slashing of a key federal incentive, which has further dampened already slowing demand.

GM to cut over 1,200 jobs at EV plant

The carmaker is responding to slowing demand for its battery cars

The charges comprise a US$1.2 billion non-cash impairment related to EV capacity adjustments and US$400 million for contract-cancellation fees and commercial settlements.

GM takes US$1.6 billion charge as it reassesses EV plans

An end of a key federal support is expected to pressure demand

GM’s China sales have grown through the first six months of this year, including a 20% jump in the second quarter to 447,000 vehicles.

GM is in talks to extend China venture with demand recovering

Foreign automakers have scaled back in the Asian nation as domestic players have taken greater control of the market

The technology is prized for its lower costs compared to batteries made with high levels of nickel and cobalt, and is a popular choice for lower-cost EVs.

GM to buy EV batteries from China’s CATL for low-cost Bolt EV

The Chinese company is one of the world’s largest battery manufacturers and a major supplier of LFP batteries to the auto industry

GM will lead the development of the mid-size truck platform, while Hyundai will lead the compact vehicle and electric van.

Hyundai, GM plan to jointly develop five vehicles, including electric van

The pair will develop four vehicles for the central and South American market

GM, Ford and Stellantis are concerned they could soon be paying higher tariffs on vehicles assembled in Mexico or Canada than on vehicles with significantly less US content made in Japan or the United Kingdom.

Japan trade deal sparks hope for US investors, frustration for automakers

[DETROIT] Shares of General Motors, Ford Motor and Jeep-maker Stellantis, some of the biggest automakers in the US, rallied on Wednesday after news of a trade deal that will reduce tariffs on imported...

 The automaker is so far keeping pricing consistent and absorbing added tariff costs rather than passing them on to customers.

Trump tariffs take US$1-billion bite out of GM earnings, shares fall

The automaker imports about half of the vehicles it sells in the US, mainly from Mexico and South Korea