General Motors: When Good News Isn't Good Enough

General Motors Co. NYSE: GM reported a 17% year-over-year (YoY) increase in first-quarter deliveries. But that hasn’t been enough to prevent the stock from dropping over 6% in the week that the Trump administration announced its tariff plans. The specifics of those plans are chilling for the auto industry’s 2025 profits. As of April 3, a 25% tariff is now in effect on any vehicle not assembled in the United States. Additionally, tariffs on certain auto parts—including engines and transmissions—are scheduled ...