By Nicholas Hatcher
General Motors Chief Executive Mary Barra said the automaker was working on bringing more production back to the U.S., but wouldn't commit to moving plants back from Mexico.
"Right now, we're going to leverage the assets that we have," Barra said on CNBC Thursday, referring to its U.S. plants.
Later, asked if GM would raise prices to pass tariff costs along to the consumer, Barra said: "We think the pricing environment is going to be much where it is right now."
The Detroit automaker on Thursday cut its 2025 outlook to account for a $4 billion to $5 billion dent in profits from auto tariffs.
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(END) Dow Jones Newswires
May 01, 2025 08:20 ET (12:20 GMT)
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