General Motors reported a record adjusted net income for 2024 Tuesday, just a year removed from a costly strike by the United Auto Workers union, and said that it expects even better operating results in the year ahead.

General Motors manufactured 22.3% of light vehicles in Mexico: it is the main automotive producer in the Mexican market

President Trump has slashed a slew of EV-related policies, which could affect many states that have received billions of dollars in investment for electrification, notably Michigan.

US President Donald Trump has pledged to place 25 per cent tariffs on imports from Mexico and Canada from Feb. 1 if the two countries are not judged to be doing enough to stop the flow of fentanyl into the United States.

General Motors has a plan in place to deal with President Donald Trump's proposed tariffs. We just don't get to know what it is.

GM reported pre-tax profit of $2.5 billion in the quarter but reported a $3 billion net loss, mostly because of $4 billion in restructuring charges in China where it lost $4.4 billion in the year. The China business did return to profitability before restructuring charges in the fourth quarter, Jacobson said.

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.

General Motors announced record-breaking profits, which workers will see in their pockets with a $14,500 check.

South Korea's Hyundai Motor (005380.KS) said on Thursday it is in talks with General Motors (GM.N) to supply commercial electric vehicles to its US peer, as it expects sales growth to halve this year due to softening demand.

"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 and full-year 2024 earnings, where they posted major losses. The automaker behind Chevrolet and Cadillac said it lost $2.

General Motors CEO Mary Barra has said she hopes tariffs can be avoided, as Mexican President Claudia Sheinbaum has signaled that authorities are "working and holding conversations to take the necessa