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GM, Hyundai sales jump as Trump tariff fears spur car buying

Dealers have seen a surge in demand from would-be buyers worried about prices.

David Welch

GM said the buyback has no expiration date but that it aims to complete the first $2 billion in repurchases by the end of the second quarter.

The company’s shares fell 11% on Thursday to $251.46 as of Thursday morning.

Once a linchpin of GM’s global strategy, the company’s China business is in free fall.

If new rules enable cars without human controls, that would directly benefit Elon Musk, Tesla's CEO and a Trump mega-donor.

Rival Ford Motor Co.’s F-150 Lightning pickup tops out at about 320 miles of range.