https://www.reuters.com/business/autos-transportation/trump-tariffs-take-1-billion-bite-out-gm-earnings-shares-fall-2025-07-22/
14 replies (most recent on top)
Half our parts come from China
The CCP does not dominate GM's future.
GM is NA centric where it remains a top seller competing with Toyota.
If GM was selling in EU this would be another matter.
The Chinese domination of GM's future couldn't be expressed in a more obvious way than in these posts. Certainly not in the best interests of the US employees or customers, the narrative espoused is plain to see.
If I had to choose my next vehicle from either BYD or GM, BYD all day long.
@n7
Thank you for the input Shen Yang.
I bet you wish the CCP could infiltrate America with cheap imports and crush the economy. In the business world, we call it "product dumping". Those who are paying attention can see what this initiative has done to Europe. Congratulations.
It's like a belt and road initiative for the naive.
Cars like BYD are very impressive.
I wish tariffs didn't keep them out.
Why tariffs stopped GM from flooding the US with Chinese junk
https://youtu.be/guAxFDafF1o?si=0C_1N4m8gKbPJgrm
SLT wants to point fingers at tariffs and not their poor strategy.
Hotglue a bowtie on anything, it becomes 'Murican.
Anyone sell a significant amount of stock in the past few months?
Anyone?…
Anyone?…
Bueller?…
"tariffs"
Okay. Well, let's play along and assume that's true.
Why is an American company that supposedly makes cars in America with UAW union labor experiencing tariffs on China, Mexico and other nations?
The answer to this question is the retort to the "Buy American" rank and file.
Cars like Equinox, Trax and Trailblazer are not American. They are Asian.
Many of our trucks are Mexican. Sedans from Canada.
"Buy American"
Say it with a smile when you hear Gen Z complain that they can't afford a house or get a job with their college degree.
We just need to open more factories in America then no tariffs.
Stop importing cars, parts, and people
https://finance.yahoo.com/news/general-motors-falls-q2-profit-110724991.html
Despite the earnings beat, GM’s net income attributable to stockholders plunged 35.4% to $1.9 billion compared to $2.9 billion a year earlier. The company’s EBIT-adjusted (earnings before interest and taxes) fell 31.6% to $3 billion from $4.4 billion in Q2 2024.
I'm sure we won't be affected.