The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
Los aranceles podrían ser un duro golpe para el mayor productor de autos en México y aumentarían los precios de muchos vehículos vendidos en Estados Unidos.
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
The president’s energy policies may not make America great again, but they will definitely help make China great again.
President Trump seems poised to roll back the very incentives that are reviving American manufacturing.
A better industrial policy for the United States involves more risk taking, not less.
General Motors has gone from market leader to also-ran in the world’s largest car market, stymied by its own missteps and Chinese policies that favored its local rivals.
Trump will face a new China this time, one whose advanced manufacturing muscles have exploded in size, sophistication and quantity.
Faltering U.S. industrial leadership has allowed China to take a harder trade stance as President-elect Donald Trump prepares to take office.
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.