Overview

• 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.