GM to increase truck production in US after Trump tariff announcement [FOX Business Network]
General Motors Company (GM)
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Source: FOX Business Network
U.S. as the industry addresses challenges tied to President Donald Trump's latest round of auto tariffs. The major automaker is adding several hundred temporary workers to maximize production of light-duty trucks at its Fort Wayne, Indiana, assembly plant, the company told FOX Business. "We continuously update and revise production schedules as part of our standard process of evaluating and aligning to manage vehicle inventory," General Motors said in a statement, adding that its operational adjustments at Fort Wayne will "support current manufacturing and business needs." Trump, who views tariffs as a way to bring in tax revenue for proposed tax cuts while spurring a revitalization of domestic manufacturing, has said sedans, SUVs, crossovers, minivans, cargo vans and light trucks will be affected. It will also hit key automobile parts such as engines, transmissions, powertrain parts and electrical components, though there are "processes to expand tariffs on additional parts i
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