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General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
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.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
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.
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 president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
The American automaker reported that tariffs cost them $1.1 billion and reduced the company's profit margin from 9% to 6.1%.