GM appoints insider Duncan Aldred to lead North America business

Reuters
2025.05.05 14:44
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General Motors has appointed Duncan Aldred as president of its North America business, effective immediately. Aldred, a 33-year veteran of GM, previously served as vice president of commercial growth strategies. This appointment follows GM's recent cut to its 2025 profit forecast due to concerns over U.S. tariffs, which could impact profits by up to $5 billion. The company has also paused $2 billion in share buybacks.