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GM Shares Soar On Better Tariff Outlook And EV Backpedal

Shares Soar
International Business Times Fews App News Provider
Fews App Post Time 11h ago

General Motors CEO Mary Barra has shifted investment away from electric vehicles in response to the policies under President Donald Trump AFP General Motors shares soared Tuesday after reporting strong results as it adjusts strategy over US President Donald Trump's tariffs and slashing of economic support for electric vehicles. The giant US automaker -- which has faced tough questions over the impact of Trump's policy pivots -- reported better than expected third-quarter profits and boosted some full-year projections. The good results came despite a $1.

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