Mark Kay's iconic Pink Cadillac awards are driving into the future for 2025. Meet the company's first-ever electric Pink ...

Photo: Ronaldo Schemidt/AFP/Getty Images General Motors GM -2.51% said Tuesday that new tariffs on imported cars and auto parts took a $1.1 billion bite out of its bottom line.

The American automaker reported that tariffs cost them $1.1 billion and reduced the company's profit margin from 9% to 6.1%.

General Motors’ profit declined 35% in its second-quarter, including a $1.1 billion hit from tariffs, but the automaker easily topped expectations and stuck by its full-year financial outlook that … ...

General Motors’ profit declined 35% in its second-quarter, including a $1.1 billion hit from tariffs, but the automaker easily topped expectations and stuck by its full-year financial outlook ...