S&P 500 Gains and Losses Today: GM Stock Tumbles After Trump Declares Auto Tariffs [Yahoo! Finance]
General Motors Company (GM)
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Source: Yahoo! Finance
Shares of General Motors and other carmakers lost ground following the tariff news. However, the assumption that drivers might hold onto older vehicles for longer helped lift shares of auto parts retailers AutoZone and O'Reilly Automotive. Major U.S. equities indexes slipped as investors deciphered the implications of the latest shifts in trade policy. President Donald Trump's administration declared a 25% tariff on vehicles imported into the U.S. after markets closed Wednesday. After fluctuating for much of the day, the S&P 500 closed Thursday's session 0.3% lower. The Dow industrials slipped 0.4%, while the tech-heavy Nasdaq lost 0.5%. Shares of major carmakers moved lower following the tariff news. General Motors ( GM ) stock plunged 7.4%, falling the furthest of any S&P 500 constituent on Thursday. GM likely suffered a more drastic impact than its rivals because of the number of vehicles that the company imports, with outsized exposure to Mexico and South Korea. However,
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News
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GM
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GM
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- 11/12/25 - Form 144
- 11/10/25 - Form SCHEDULE
- 10/30/25 - Form 4
- GM's page on the SEC website