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GM Faces $5 Billion Hit From Trump Tariffs, But Prices To Stay 'About The Same,' Says CEO Mary Barra: 'We're Going To Respond To The Market'

Benzinga LogoBenzinga21h ago

GM Faces $5 Billion Hit From Trump Tariffs, But Prices To Stay 'About The Same,' Says CEO Mary Barra: 'We're Going To Respond To The Market' - Benzinga

Quick Summary:

President Donald Trump's tariffs on the automotive industry will cost the company over $5 billion, but assures that GM’s pricing will remain the same.

What Happened: The company expects a tariff exposure of anywhere between “$4 to $5 billion,” GM said in a call with investors.

"We believe …pricing is going to stay at about the same level as it is," Barra said in an interview with CNN on Thursday.GM CEO tells ...


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GM Faces $5 Billion Hit From Trump Tariffs, But Prices To Stay 'About The Same,' Says CEO Mary Barra: 'We're Going To Respond To The Market' - Benzinga (Picture 1)

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Article Details

Author / Journalist: Badar Shaikh

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-02 @ 06:56:24 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 398 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 28317558

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About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 28 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

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Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 28 news stories per day.

It's most recent story was published 8 hours ago.

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  • URL: https://onderwijs.beamstart.com/news/gm-faces-5-billion-hit-17461697976538

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