How auto tariffs could hike prices and cut jobs [CBS News]
General Motors Company (GM)
Last general motors company earnings: 2/5 08:05 am
Check Earnings Report
US:NYSE Investor Relations:
gm.com/investors/index.html
Company Research
Source: CBS News
How auto tariffs could hike prices and cut jobs DETROIT - Every workday, about 7,400 trucks mostly loaded with automotive parts rumble across the Ambassador Bridge connecting Detroit and Canada, at times snarling traffic along the busy corridor. But if President Donald Trump delivers on threats to slap 25 percent tariffs on imported vehicles and components, far fewer big rigs will be heading to factories that are now humming close to capacity on both sides of the border. The tariff threat could be a negotiating ploy to restart stalled talks on the North American Free Trade Agreement. But it also could be real, since the administration already has imposed duties on $50 billion worth of Chinese imports, as well as steel and aluminum from China, the European Union, Canada and Mexico. Tariffs against China include some autos and parts, but if those spread to Canada and Mexico, the impact will be far larger because auto manufacturing has been integrated between the three countries for nea
Show less
Read more
Impact Snapshot
Event Time:
GM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GM alerts
High impacting General Motors Company news events
Weekly update
A roundup of the hottest topics
GM
News
- Buick, GM's low-key semi-luxury brand, is suddenly hot [CNN]CNN
- Diebold Nixdorf Announces Thomas Timko as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Pam sets Dutch auction to buy back shares; battered stock price soars [Yahoo! Finance]Yahoo! Finance
- Mana Pacific Adds Christine Gayagas and Geoff Brown to Board of Directors [Yahoo! Finance]Yahoo! Finance
- GM's Robust Quarter And Strengthening Stock Partly Reflect Rebound Of Gasoline Engines [Seeking Alpha]Seeking Alpha
GM
Earnings
- 4/23/24 - Beat
GM
Sec Filings
- 4/25/24 - Form PX14A6G
- 4/24/24 - Form ARS
- 4/24/24 - Form DEFA14A
- GM's page on the SEC website