News

President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
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 ...
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 ...
At the president's behest, GM and other carmakers have not passed the costs of the tariffs along to the customer. But GM is ...
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
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 ...