General Motors Stock Rises as Tariff Exemptions Loom

Published 3 hours agoGM

General Motors Stock Rises as Tariff Exemptions Loom

General Motors (GM) saw its stock price increase by 2% during the week of April 14 to April 17, 2025, closing at $44.57 per share. This recent uptick comes ahead of the company's earnings report scheduled for April 29, 2025, where projected earnings stand at $2.65 per share on $43 billion in revenue.

The rise in General Motors' stock comes amid potential policy shifts, as President Donald Trump signals possible tariff exemptions for the auto industry. Exemptions might allow carmakers, including GM, more time to reconfigure their supply chains. Such measures could be especially advantageous for GM, which imports a substantial portion of components used in its U.S. vehicle assembly, thus mitigating the impact of import-related costs.

As noted by Insider Monkey, over half of GM's U.S. vehicle sales consist of domestically manufactured units. However, despite this domestic production, the company could experience increased margins and profitability if import tariffs are waived. This comes at a time when the auto industry is monitoring consumer behavior with some acceleration in vehicle purchases due to anticipated tariff-related price hikes.

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