General Motors Co.‘s (NYSE:GM) bonuses for CEO Mary Barra and other top executives from the company remained unaffected by the losses GM incurred due to President Donald Trump‘s tariffs, which were around $3 billion in 2025.
Mary Barra’s Bonus Unaffected By Tariffs
According to filings with the Securities and Exchange Commission (SEC) accessed by The Detroit News on Thursday, the bonuses were unaffected due to the company’s Board discounting the losses tied to the tariffs when calculating the company’s profitability. The package was awarded to Barra for her role in offsetting additional losses due to tariffs.
Barra received over $5 million in annual performance bonuses, while Barra’s total compensation for the year totaled over $30 million for 2025, the report said, while GM President Mark Reuss bagged a $2 million bonus and a $19 million compensation package, the filings cited by the report said.
GM’s profit-sharing agreements with workers also saw a drop in payouts, as the automaker paid hourly workers $10,500 compared to last year’s $14,500, the report said.
Trump’s Weapons Manufacturing Push, GM’s EV Wind Down
The news comes as Barra, as well as Ford Motor Co. (NYSE:F) CEO Jim Farley, among other top executives, were approached by the Pentagon to carry out discussions about producing military supplies and weapons as situations in the Middle East, as well as Ukraine, could affect U.S. munitions and military equipment supplies.
Meanwhile, GM was reportedly winding down its EV developmental efforts as it decided to indefinitely suspend the development of its next-generation EV pickup truck at its Factory Zero plant in Michigan. The automaker had taken on a $6 billion charge related to EVs on top of an earlier $1.6 billion charge it took in its EV efforts.
According to Benzinga Edge Rankings, GM scores well on the Momentum and Value metrics, while also providing a favorable price trend in the Long term
Price Action: GM declined 0.61% to $78.52 during pre-market trading on Friday.
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