The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, but shares fell sharply in trading Tuesday as investors weighed the threat of tariffs that could hit the automaker's business.
The prime minister does a European tour while announcing more spending on security around the island, following President Trump’s stated desire to have Greenland, a semiautonomous Danish territory, as part of the U.
Europe is uniting in response to US President Donald Trump’s efforts to appropriate Greenland. Danish Prime Minister Mette Frederiksen sought to drum up support from German Chancellor Olaf Scholz in Berlin and French President Emmanuel Macron in Paris before a meeting with NATO Secretary General Mark Rutte.
Denmark's prime minister plans stops in Berlin, Paris and Brussels on tour of European capitals as Copenhagen moves to strengthen its presence in Greenland.
General Motors swung to a loss in the fourth quarter on an increasingly difficult environment in China, but still topped profit and revenue expectations on Wall Street
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.