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General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest ...
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
The S&P 500 eked out a record-high close on Tuesday, following steep losses in General Motors and a gain in Tesla as ...
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
The American automaker reported that tariffs cost them $1.1 billion and reduced the company's profit margin from 9% to 6.1%.
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