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The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...
President Donald Trump’s vows to roll out punishing new tariffs on August 1 have barely made a ripple with investors who are ...
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
General Motors ( No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company’s net income fell 35% from the same period last year, as higher costs and uncertainty surrounding ...
Detroit’s engine is pushing into overdrive. General Motors on Tuesday blamed President Donald Trump’s tariffs for a $1.1 ...
General Motors (GM), the largest automaker in the United States, reported a direct impact of $1 billion in losses ...
Wall Street shares ended mixed on Tuesday, with steep losses in General Motors and a gain in Tesla as investors focused on ...
Management stated guidance remains at EBIT adjusted in the $10 billion to $12.5 billion range, EPS diluted adjusted in the $8.25 to $10 per share range, and adjusted automotive free cash flow in the ...
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
General Motors just made one of the most significant strategic reversals in automotive history, announcing plans to dramatically expand domestic gasoline vehicle production starting in 2027. This news ...
General Motors beats earnings expectations despite $1.1 billion tariff impact, maintaining guidance while implementing strategic manufacturing changes.