GM exec explains how it beat tariffs in 2025 [Yahoo! Finance]
General Motors Company (GM)
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Source: Yahoo! Finance
The initial 25% duties levied on all automotive and auto parts imports hit each of the Detroit Big 3 automakers differently, since each manufactures a different number of vehicles in the U.S. Ford, for example, builds about 77% of its vehicles in the U.S. GM , meanwhile, imports more vehicles into the U.S. annually than Japanese automaker Toyota. About half of the vehicles it sells in the U.S. come mainly from Korea, Canada, and Mexico. According to researcher GlobalData , GM sold 1.23 million imported vehicles in the U.S. in 2024. Meanwhile, Stellantis sold 564,600 imported vehicles, while Ford sold only 419,000. Earlier in 2025, GM stated that it expected between $4 billion and $5 billion in tariff charges during the year, approximately $2 billion of which is attributed to Korea. But last year, the U.S. agreed to lower South Korea's tariff rate to 15% from 25% in exchange for a $350 billion investment from the Asian nation, and though there have been recent hiccups in the a
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News
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- General Motors (NYSE:GM) (TSE:GMM.U) had its price target raised by analysts at Royal Bank Of Canada from $92.00 to $107.00. They now have an "outperform" rating on the stock.MarketBeat
GM
Earnings
- 1/27/26 - Beat
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Sec Filings
- 1/27/26 - Form 10-K
- 1/27/26 - Form 8-K
- 1/8/26 - Form 8-K
- GM's page on the SEC website