Japan, Trump and trade deal
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Tariffs, and their potential detrimental impacts on vehicle affordability, company profits, global competitiveness, and new-car demand, have hung over the entire auto sector, including GM, for months. Coming into Thursday trading, GM stock was down 1% since the Nov. 5 election, 11 percentage points behind the S&P 500.
The trade deal with Japan is also giving investors hope that there could be similar reductions on tariffs for vehicles imported from other countries—including trade agreements that would benefit U.S.
TOKYO--General Motors thinks Japan is ready for an American-brand small car and is banking on the Chevrolet Aveo, its first small-car entry in half a decade in Japan, to help boost sales here this ...
TOKYO (CBS.MW) -- General Motors Corp. plans to revamp its sales network in Japan in order to boost sluggish sales here and get a strong foothold in the Asian auto market. GM's Japan arm, General ...
The Chevy Corvette Red Flame Series is exclusive to the Japanese market. Per GM Japan, the Red Flame Series “expresses the passionate spirit of American sports cars,” and is on sale now as of ...