General Motors Surges to 135th in Daily Trading Volume with 11.81 Billion Shares Exchanged
1min read On April 4, 2025, general motors (GM) saw a significant surge in trading volume, with a total of 11.81 billion shares exchanged, marking a 34.99% increase from the previous day. This substantial trading activity placed gm at the 135th position in terms of daily trading volume among all stocks.
General Motors has announced plans to boost truck production at its Fort Wayne, Indiana, assembly plant. This decision comes in response to the tariffs imposed by the Trump administration, which have created rising trade tensions. The company aims to increase its output of light-duty trucks to mitigate the impact of these tariffs. The Fort Wayne plant, which currently employs 4,149 workers across three shifts, is expected to hire around 225 temporary employees to support the increased production. This move is part of a broader strategy by GM to enhance its manufacturing capacity in the United States, ensuring that it can meet demand despite the challenges posed by tariffs.
GM's CEO, Mary Barra, had previously hinted at the possibility of increasing truck production in the U.S. during the company's January earnings call. She noted that the abrupt nature of the tariffs would require a significant amount of time to build up manufacturing capacity, even if all production were to be brought back to the U.S. This strategic shift is aimed at ensuring that GM can continue to operate efficiently and effectively in the face of ongoing trade tensions.
Ask Aime: What's the impact of General Motors' truck production increase on its stock price?
