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GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
General Motors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront ...
General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President ...
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
GM is anticipating that the total impact of the tariffs in 2025 will be approximately $4 billion to $5 billion ...
The largest US carmaker anticipates worsening tariff impacts in the third quarter, with trade headwinds potentially costing ...
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