GM raises profit guidance on lower exposure to Trump tariffs
US carmaker to pass on more costs to consumers through price rises
US carmaker to pass on more costs to consumers through price rises

British carmaker blames global economic slowdown and Donald Trump’s trade policies for shortfall

US president has threatened to raise levies to 25% if EU does not implement last year’s trade deal

Higher levies mean rising costs for importing into the US, parts procurement and supply chain adjustments

Elon Musk’s carmaker hit by US tariffs, loss of emissions credit revenue and big investments in AI

Trump administration’s cancellation of tax credits for battery-powered vehicles expected to reduce demand

Carmaker to boost output of trucks at other factories to recover production losses caused by blaze in New York