Quotes
We believe the President’s leadership is helping level the playing field for companies like GM and allowing us to invest even more in the U.S. economy,
Barra said in a statement
We just wanted to help them during this little transition, short term,
he told reporters
Whether it is coffee, bananas, cocoa, minerals or numerous other products, the reality is certain things just can’t be produced in the United States,
said Clark
Obviously, the situation remains extremely fluid,
said Chief Financial Officer Christopher DelOrefice, in a conference call with analysts
We believe McDonald’s can weather these difficult conditions better than most,
said CEO Chris Kempczinski, in a conference call with investorsOur reliance on China for parts, in some cases, they’re the only place where the parts are available, that’s now down to less than 3%,
Barra said
We added the capacity at our Fort Wayne assembly plant in Indiana that builds full-size trucks that have added workforce to be able to build 50,000 more trucks in this country yet this year. That's on an annualized basis. We are continuing. We have already built two battery cell plants in this country with a joint venture partner, we’re in the process of building a third,
Barra saidWe’re going to leverage that footprint that we have because we have the ability to add capacity to many of those plants. So we can do this efficiently, and it’s going to allow us to do this more quickly than if we were going to start with a greenfield,
Barra said
Absolutely, we can make changes. We’ve been working on our supply chain since 2019, to be more resilient,
Barra said, citing a 27% increase in U.S. sourced partsThere's a lot of levers that we can pull,
Barra said
What is the right balance between affordability and making 100 percent of the parts here?"
Farley askedOur entire footprint is under review,
Barra said on Fox BusinessWe're putting America first,
he said at a press conference earlier this week
Importantly, GM's business is growing and fundamentally strong as we adapt to the new trade policy environment, further strengthen our supply base, and drive EV profitability,
GM CEO Mary Barra said in a shareholder letter on Thursday
We look forward to maintaining our strong dialogue with the Administration on trade and other policies as they continue to evolve,
What they're saying ... GM said in a shareholder letter
There are ongoing discussions with key trade partners that may also have an impact,
Barra said