Investing.com -- General Motors (NYSE: GM ) announced on Monday the appointment of Duncan Aldred as the president of its North America business. The decision is effective immediately. This move comes several days after the automaker lowered its 2025 profit forecast due to concerns over U.S. tariffs.

Aldred, a GM insider with 33 years of experience with the company, previously held the position of vice president of commercial growth strategies and operations. In his new role, Aldred will report directly to Rory Harvey, the president of GM’s Global Markets business.

This leadership change comes at a pivotal time for GM as the company’s U.S. operations face challenges due to the broad import tariffs on foreign auto parts imposed by President Donald Trump. The tariffs have raised concerns over the profitability of the auto industry in the United States, leading GM to revise its profit forecast for 2025.

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