General Motors plans to implement a strategy referred to as the ‘Covid playbook’ in order to counteract the financial impact of a $5 billion tariff. This approach, which proved effective during the pandemic, focuses on optimizing supply chains, managing production schedules, and enhancing cost efficiencies. By leveraging lessons learned from the challenges posed by the pandemic, GM aims to mitigate the adverse effects of the tariffs on its operations and profitability.
— new from Financial Times