The new GM logo is seen on the facade of the General Motors headquarters in Detroit.
Mandatory Credit: Rebecca Cook/Reuters via CNN Newsource
Stories this photo appears in:
GM CEO Mary Barra: Tariffs will cost us $5 billion, and prices ‘will stay at the same level’
The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year. But in an interview on CNN, CEO Mary Barra said the company doesn’t necessarily expect to pass those higher costs onto consumers in the form of elevated prices.
