By Nora Eckert and Chris Kirkham
(Reuters) – It might seem like U.S. President-elect Donald Trump’s plan to gut automotive emissions restrictions and fuel-efficiency standards would be a boon to General Motors, America’s leading purveyor of full-sized trucks and SUVs and its biggest tailpipe polluter.
Yet GM has emerged as Detroit’s biggest potential loser from Trump’s expected automotive-policy shifts.
The automaker may eventually realize moderate benefits from eased pollution restrictions. But GM faces immediate and severe threats from the incoming administration’s plans to end a $7,500 consumer electric-vehicle subsidy, first reported by Reuters, and to slap a 25% tariff on imports from Canada and Mexico. GM is among the most exposed companies on both fronts because of its aggressive EV investments and its extensive manufacturing of U.S.-market vehicles in these neighboring nations.
GM did not comment on how Trump policies would impact its business but said in a statement that it would be a “constructive partner” …