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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 ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
General Motors Co. said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a ...
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
General Motors' latest earnings report showed that President Trump's new tariffs on imported cars may have impacted the ...
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 ...
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...