Domain: tiger-web1.srvr.media3.us Tariffs cost GM $1 billion | Page 2 | Money Talk
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re: Tariffs cost GM $1 billion

Posted on 7/25/25 at 1:03 pm to
Posted by Auburn1968
NYC
Member since Mar 2019
25600 posts
Posted on 7/25/25 at 1:03 pm to
Maybe they should do more manufacturing domestically.
Posted by YouKnowImRight
Parts Unknown
Member since Oct 2023
2929 posts
Posted on 7/26/25 at 7:41 am to
quote:

Offshoring American jobs then selling the product back to Americans.


If you think car prices are high now, wait until they're mostly built by UAW
Posted by lsu13lsu
Member since Jan 2008
11786 posts
Posted on 7/26/25 at 8:32 am to
quote:

So.....a US-based automaker chooses to build cars in other countries, then import them back into the US? Sounds like the tariffs are just what was needed! Offshoring American jobs then selling the product back to Americans.


It is the Progressive/Democrat way. Create Tarriffs on US companies via Environmental Regs, Unions, DEI/HR, Safety etc etc then ship those jobs to countries who couldn't give a rip about any of that.
Posted by The Torch
DFW The Dub
Member since Aug 2014
28605 posts
Posted on 7/27/25 at 5:35 am to
quote:

The largest U.S. automaker


"many of its more affordable models, are built abroad"

This is what the tariffs are supposed to fix, and what killed the Midwest Auto Corridor in the US.

General Motors (GM) imports a variety of vehicles into the United States, primarily from South Korea, Mexico, and Canada. A significant portion of GM's sales in the US, including many of its more affordable models, are built abroad. Specifically, GM imports vehicles like the Chevrolet Trax, Buick Envista, and Chevrolet Trailblazer, which are manufactured in South Korea. Additionally, GM imports a large number of vehicles from Mexico and Canada, including popular models like the Chevrolet Silverado and GMC Sierra. GM also has a premium import business, The Durant Guild, which previously focused on importing certain iconic vehicles from the US to China, but this business has recently been restructured
Posted by LSUDad
Still on the move
Member since May 2004
62192 posts
Posted on 8/14/25 at 1:14 am to
Mary T. Barra Chair and Chief Executive Officer, at General Motors Company, received $2.10 M in base salary, $19.50 M in stock award, and $1.23 M in other compensation, making $29.50 M in total compensation in 2024. The total compensation was +5.92% up from the previous year, 2023.
Posted by dstone12
Texan
Member since Jan 2007
39270 posts
Posted on 8/14/25 at 6:01 am to
That’s going to suck. I guess they can make it all back with an AT4 being $94,000.

Sell a bunch of those overpriced trucks and you’ll pay the tariff.

Let’s not act like GM and every other car manufacture didn’t take advantage of the American public during Covid.
This post was edited on 8/14/25 at 6:29 am
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