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GM CEO Mary Barra Discusses Trump Tariffs and EV Policy as Automaker Eyes Future

Barra expresses cautious optimism about working with the incoming Trump administration, addressing tariffs, EV tax credits, and shared goals for U.S. manufacturing.

  • General Motors CEO Mary Barra stated that President-elect Donald Trump's proposed tariffs on Mexico and Canada could have a significant impact on GM but described them as part of a negotiation strategy.
  • Barra highlighted shared goals with the Trump administration, including strengthening the U.S. economy and manufacturing base, while acknowledging potential challenges such as EV tax credit policy changes.
  • GM is navigating a transformative period, doubling its EV sales in 2024 and focusing on affordability with models like the Chevrolet Equinox EV and Blazer EV.
  • The automaker recently abandoned its Cruise robo-taxi program to redirect efforts toward personal autonomous vehicle technology and other strategic priorities.
  • Barra emphasized GM's commitment to adapting to industry changes, including restructuring its China operations and collaborating with external tech talent to enhance its EV and software capabilities.
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