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President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
General Motors Co. said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a ...
Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
The S&P 500 eked out a record-high close on Tuesday, following steep losses in General Motors and a gain in Tesla as ...
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
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How Is GM Doing With Tariffs, EV Uncertainty? The Going's Tough, But It Has a Plan
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
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.
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
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