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Despite the setback, GM’s leadership remains optimistic, forecasting continued growth, particularly in the electric vehicle segment. CEO Mary Barra and CFO Paul Jacobson acknowledged that the tariffs ...
Michigan's governor met privately with President Trump to urge him to change course on tariffs that are having a big impact ...
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.
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
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 said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
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.
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 ...
In one of the most significant automaker collaborations to be announced recently, General Motors and Hyundai have confirmed ...
Automakers are starting to report the early effects of President Donald Trump’s tariffs, with General Motors telling investors it took a $1.1 billion hit from tariffs last quarter.
GM says Chevrolet and Cadillac experienced growing EV sales as company records over $4 billion in revenue through software products.