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GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...
GM reports a second-quarter operating profit of $3 billion and earnings per share of $2.53 from sales of $47.1 billion.
GM warned the toll could grow in the second half of the year, reiterating its previous estimate of a $4 billion to $5 billion ...
Among auto stocks, Ferrari stands out, gaining 18% so far this year, a stark contrast to Tesla’s 17% decline in 2025. Some ...
US stocks were mixed Tuesday after hitting fresh all-time highs to start the week. Wall Street continues to digest a new ...
D.R. Horton and Pulte Group shares rose as both homebuilders reported better-than-anticipated results. Major U.S. equities ...
The trade deal with Japan is also giving investors hope that there could be similar reductions on tariffs for vehicles ...
GM stock took a sharp 6% fall after the company revealed Trumps new auto tariffs cost them $1.1 billion in just one quarter.
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
General Motors (NYSE:GM) faces tariff pressures despite solid mitigation efforts, impacting profits and shares. Learn how ...