financetom
Business
financetom
/
Business
/
Market Chatter: GM to Boost Truck Production at Indiana Assembly Plant
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: GM to Boost Truck Production at Indiana Assembly Plant
Apr 3, 2025 11:12 AM

01:32 PM EDT, 04/03/2025 (MT Newswires) -- GM (GM) plans to raise production of light-duty trucks at its Fort Wayne, Indiana, assembly plant after the Trump administration announced 25% tariffs on auto imports, Reuters reported Thursday, citing a company webcast sent to employees.

The production increase may create hundreds of temporary jobs, the report said, citing a company source. Overtime shifts may be added, Reuters said, citing the webcast.

GM didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 46.15, Change: -1.83, Percent Change: -3.82

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Genius Sports Names Bryan Castellani as CFO
Genius Sports Names Bryan Castellani as CFO
Aug 6, 2025
09:46 AM EDT, 08/06/2025 (MT Newswires) -- Genius Sports ( GENI ) said Wednesday it has named Bryan Castellani as chief financial officer, effective Oct. 1. Castellani was most recently CFO of Warner Music Group ( WMG ) , the company said. Genius said outgoing CFO Nick Taylor will remain with the company during the transition to ensure a smooth...
Upstream Bio Q2 Net Loss Narrows, Revenue Rises
Upstream Bio Q2 Net Loss Narrows, Revenue Rises
Aug 6, 2025
09:24 AM EDT, 08/06/2025 (MT Newswires) -- Upstream Bio ( UPB ) reported a Q2 net loss Wednesday of $0.74 per share, narrowing from a loss of $6.5 a year earlier. The biotechnology company, which finalized an initial public offering in October, had approximately 53.8 million shares outstanding as of June 30, compared with 3 million shares outstanding a year...
General Motors Signs Supply Deal With Noveon to Get Rare Earth Magnets
General Motors Signs Supply Deal With Noveon to Get Rare Earth Magnets
Aug 6, 2025
09:43 AM EDT, 08/06/2025 (MT Newswires) -- General Motors ( GM ) and Noveon Magnetics have signed a supply agreement under which Noveon will provide rare earth magnets for the carmaker's full-size SUVs and trucks, Noveon said Wednesday. Noveon said magnet deliveries started last month. Financial details of the agreement were not provided. Price: 52.86, Change: +0.27, Percent Change: +0.52...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved