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Despite the setback, GM’s leadership remains optimistic, forecasting continued growth, particularly in the electric vehicle ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, contributing to an overall decline of 35 percent in profit. But the company ...
General Motors had a $1 billion hit over three months due to President Donald Trump's sweeping tariffs that have shaken the auto industry. GM reported a net income of $1.9 billion for the second ...
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
Automakers have managed to hold prices in check, but experts say the tariff bills are coming due and that consumers will end up paying the piper.
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
General Motors CEO Mary Barra said the automaker was working to bring production back to the U.S. after the company cut its 2025 outlook to account for a $4 billion to $5 billion dent from tariffs.
The largest U.S. automaker by sales said it expects the tariff impact to worsen in the third quarter after reporting a US$1.1 ...
General Motors took the $1.1 billion tariff hit it expected in the second quarter of the year, CEO Mary Barra and CFO Paul Jacobson said in the automaker’s second-quarter earnings call Tuesday.
Ford, one of the United States’s “Big Three” automakers, took out a multibillion-dollar loan credit agreement amid unease about the effect President Donald Trump’s tariffs are having on the automobile ...
DETROIT — General Motors’ profit declined 35% in its second-quarter, including a $1.1 billion hit from tariffs, but the automaker easily topped expectations and stuck by its full-year ...