May 5 (Reuters) - General Motors ( GM ) on Monday named
insider Duncan Aldred the president of its North America
business, effective immediately, days after the automotive
manufacturer cut its 2025 profit forecast on concerns over U.S.
tariffs.
Aldred, who has been with GM for 33 years, was most recently
vice president of the company's commercial growth strategies and
operations segment.
He will report to Rory Harvey, the president of the Detroit
automaker's Global Markets business.
The appointment comes at a time when the legacy automaker's
U.S. business has come under pressure from President Donald
Trump's sweeping import tariffs on foreign auto parts.
Earlier this month, GM trimmed its annual profit forecast,
adding that it expects a tariff impact of up to $5 billion. The
company has also paused share buybacks worth $2 billion.