General Motors is having “very productive” conversations with the Trump administration regarding the new 25% automotive tariffs, according to CEO Mary Barra. During a fireside chat at the Semafor World Economy Summit 2025 on Wednesday (April 23), the veteran automotive executive said that the automaker is aligned with the president on his overall goal.
U.S. President Donald Trump is planning to spare carmakers from some tariffs following intense lobbying by industry executives over recent weeks, the Financial Times reported on Wednesday.
President Donald Trump is considering exemptions for automakers from some tariffs announced by his administration, the White House confirmed Wednesday to CNBC's Eamon Javers.
General Motors is increasing production of transmissions at its Toledo, Ohio facility, shifting away from EV drive unit manufacturing toward parts for gasoline vehicles, the company confirmed Wednesday.
U.S. President Donald Trump is planning to spare carmakers from some tariffs, The Financial Times reported on Wednesday, citing two people with knowledge of the matter.
President Donald Trump wants automakers to produce in the U.S., but "moving" production of massive assembly plants isn't that easy. Relocating production lines takes years of planning and construction — and can be costly.
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