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The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
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.
The impacts will be felt more broadly in many industries, and the question is when the choice becomes to preserve profits by ...
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
The S&P 500 eked out a record-high close on Tuesday, following steep losses in General Motors and a gain in Tesla as ...
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
At the president's behest, GM and other carmakers have not passed the costs of the tariffs along to the customer. But GM is ...
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.