Get all your news in one place.
100's of premium titles.
One app.
Start reading
Motorsport
Motorsport
Sport

GM’s $5billion hit due to Donald Trump’s tariffs will not impact Cadillac F1 project

General Motors president Mark Reuss has revealed a potential $5 billion hit from tariffs introduced by United States president Donald Trump – but insists it will not impact on the Cadillac Formula 1 team.

Having cut its profit forecast due to the uncertainty in the automotive industry caused by Trump’s tariff plans, Reuss said GM – Cadillac’s parent company – could be set for a huge blackhole as a result.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.