Mark Reuss

GM Says Will Be First To Profit From Electric Cars

by

US auto giant General Motors is poised to become the first manufacturer to make a profit from electric vehicles, a GM executive predicted on Monday. The company leads the pack in reducing the cost of electric vehicles and ultimately offering an affordable version, said Mark Reuss, GM’s executive vice president for product development. Engineers have … Read more

US Border Tax Plans Raise Major Questions For GM, Fiat

by

Republican plans to introduce a US border adjustment tax have auto giants General Motors and Fiat Chrysler looking for clarity, company executives said this week. Tax plans advanced by some Republicans currently include arrangements to reform corporate taxation while favoring exports but discouraging imports. President Donald Trump has said the measure could be a job … Read more