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The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
The impacts will be felt more broadly in many industries, and the question is when the choice becomes to preserve profits by ...
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
The S&P 500 eked out a record-high close on Tuesday, following steep losses in General Motors and a gain in Tesla as ...
Expenses related to its 6.2-liter V-8 and higher claims due to software issues from EVs that launched over the past few years increased by $300M.
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.