From Yahoo Finance: 2025-04-03 12:47:00

General Motors plans to increase production of light-duty trucks at its Fort Wayne, Indiana, assembly plant in response to President Trump’s 25% tariffs on auto imports. CEO Mary Barra hinted at this move during GM’s January earnings call, stating that the U.S. has the capacity to shift production currently done in Mexico and Canada. GM shares dropped by 4.3% following the announcement.

The Fort Wayne plant produces Chevrolet Silverado and GMC Sierra trucks, with about half of GM’s large pickup truck production taking place in Mexico and Canada. Trump’s tariffs aim to encourage domestic production, but the process could take years and increase car costs significantly. GM may utilize existing capacity to shift some production, but building new factories would be a long-term solution.

To accommodate increased production, GM may add overtime days and hire temporary workers at the Fort Wayne assembly plant. A letter to United Auto Workers Local 2209 members mentioned 225 to 250 new jobs being added as part of the line-speed increase. The company plans to make operational adjustments to support current manufacturing needs.

To implement the changes at Fort Wayne, the plant will be temporarily closed from April 22-25. Meanwhile, GM’s plants in Oshawa, Canada, and Silao, Mexico, where the trucks are also produced, are running regular production. The company aims to ramp up production in the U.S. to mitigate the impact of tariffs on its operations.



Read more at Yahoo Finance: Exclusive-GM to increase truck production in Indiana following Trump’s tariffs