general motors detroit

News

General Motors warns of $5bn tariff hit even

General Motors says Trump’s tariffs will cost company up to $5B, lowers 2025 profit projections

DETROIT -- The impact of President Donald Trump’s tariffs could cost General Motors up to $5 billion this year. In a letter issued to shareholders Thursday, the Detroit-based automaker lowered its 2025 profit projections to reflect the anticipated impact of the tariffs.

CNN · 8h

GM CEO says Trump auto tariffs could cost company $5 billion

The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year, according to a GM letter to shareholders. CNN’s Erin Burnett interviews GM CEO Mary Barra about the impact of Trump’s tariffs.

The Financial Times · 10h

General Motors warns of $5bn tariff hit even after Trump’s relief measures

General Motors has cut its profit guidance for the year in response to Donald Trump’s trade war, warning of up to $5bn in exposure to the US president’s sweeping tariffs. In a letter to shareholders on Thursday,

9hon MSN

General Motors trims 2025 guidance, anticipating potential $5 billion tariff impact

General Motors is lowering one of its full-year financial forecasts as the company braces for the potential impact of auto ...

6hon MSN

GM projects up to $5 billion hit on profits because of tariffs

GM executives said on an earnings call that the updated range accounted for Trump's 'little bit of help' on tariffs.

10hon MSN

GM cuts 2025 profit forecast as tariff results in up to $5 billion impact

General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and reprieve from the White House this ...

2don MSN

General Motors reports 6.6% drop in Q1 profits, adjusts 2025 outlook

GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.

2don MSN

General Motors beats Wall Street estimates, reassesses full-year guidance amid auto tariffs

General Motors is set to report its first-quarter earnings before the bell Tuesday. Wall Street analysts expect adjusted ...

MotorTrend on MSN1h

GM’s Plan to Fight Tariffs and Keep New Car Prices Intact

GM will continue to invest in products and tailor production to the vehicles that consumers want. That includes vehicles with ...

1don MSN

GM recalls nearly 600,000 Cadillac, Chevrolet and GMC cars due to engine failure risks

General Motors is recalling nearly 600,000 vehicles across its Cadillac, Chevrolet and GMC brands in the U.S. due to ...

General Motors: Q1 Earnings Snapshot

DETROIT — DETROIT — General Motors Company (GM) on Tuesday reported first-quarter profit of $2.78 billion. The Detroit-based company said it had net income of $3.35 per share. Earnings, adjusted for ...

2don MSN

GM's plan for Orion Assembly Plant could pivot from EV-only production

GM planned to restart Orion Assembly after a $4 billion retooling and expansion to build the Silverado EV and GMC Sierra EV later this year.

GM cuts 2025 profit forecast, expects up to $5 billion impact tariff hit

General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and a reprieve from the White House this ...

GM's strong Q1 profit clouded by tariffs, uncertain earnings guidance

GM is the first of Detroit's three automakers to open a window into its finances following the tariffs ordered by President ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results