The Business Times

General Motors

Transport & Logistics

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

GM now sees a chance to preserve its business in China that has recently shown signs of promise.
Transport & Logistics

GM is in talks to extend China venture with demand recovering

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.
Transport & Logistics

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

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

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

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.
Global Enterprise

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

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

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

Automakers have so far refrained from large, across the board price increases.
Transport & Logistics

US auto sales lose steam after tariff-induced shopping spree

The largest importer of vehicles into the US, GM is seeking to mitigate an estimated US$5 billion exposure to Trump’s tariffs.
Companies & Markets

GM dodges tariffs with production shift to US from Mexico

GM said the investment will support the sixth generation of GM’s V-8 engines, used in full-size trucks and SUVs expected to be more fuel-efficient.
Companies & Markets

GM to invest US$888 million for engine production at New York facility

GM imports vehicles to China from the United States through its Durant Guild premium import business, which represents less than 0.1 per cent of the volume it sells in China, according to a company spokesperson.
Companies & Markets

GM to stop exporting vehicles from US to China, company says

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