Tariff Concerns Weigh On GM

The video discusses the challenges General Motors faces in forecasting due to unpredictable tariff policies under Trump's administration. It highlights investor concerns over potential tariffs on goods from Mexico and Canada, which could impact GM's profitability. Additionally, the video explores the implications of changes to EV tax credits and GM's efforts to manage costs in its EV business. The uncertainty surrounding these policies has led to investor jitters and profit-taking, affecting GM's stock performance.

What is a major challenge for GM in providing forecasts according to the transcript?

• Predicting consumer preferences

• Unpredictable tariff plans by Trump

• Fluctuating fuel prices

• Competition from other automakers

What was a significant factor in GM's upgraded guidance?

• Increase in vehicle prices

• Closure of Cruise as a robotaxi business

• Introduction of new car models

• Expansion into new markets

How much of GM's vehicles sold in the US are sourced from Mexico?

• 22%

• 10%

• 35%

• 50%

What potential policy change could impact GM's EV cost savings?

• Introduction of new safety regulations

• Reduction of tax credits for EVs

• Increase in fuel taxes

• Ban on gasoline vehicles

What is GM's target for cost reduction in their EV program?

• $3 to $5 billion

• $2 to $4 billion

• $1 to $2 billion

• $4 to $6 billion