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General Motors said on Tuesday it will move production of the Cadillac Escalade to a Michigan assembly plant, while adding new capacity for gas-powered Chevrolet Silverado and GMC Sierra light-duty ...
General Motors is seeing a fair amount of success with EVs. However, the auto giant has decided to invest $4 billion into expanding production of gas trucks and SUVs.
General Motors’ profit declined 35% in its second-quarter ... the automaker is attempting to “greatly reduce our tariff exposure,” citing $4 billion of new investment in its U.S. assembly plants. "In ...
The announcement comes as part of a change in direction for the plant after General Motors received $480 million ... However, ...
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
General Motors CEO Mary Barra said the automaker was working to bring production back to the U.S. after the company cut its 2025 outlook to account for a $4 billion to $5 billion dent from tariffs.