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GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
On July 30, Ford said it now expects its full-year adjusted EBIT to be $6.5 billion to $7.5 billion, which includes a net tariff-related cost of $2 billion. Ford also expects to generate $3.5 billion ...
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
Ford Motor said on Wednesday that U.S. tariffs on imported vehicles, as well as on steel and aluminum, will likely cost more ...
Ford recorded a net loss for the quarter of $36 million, which it said was primarily due to special charges related to cancellation of a three-row electric SUV, and field service actions from a ...
General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
General Motors' second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst ...
Ajay Srivastava, founder of the Global Trade Research Initiative, told ANI that 25 per cent tariffs would have a varied impact on different sectors. He essentially meant that India will have a ...
The American automaker reported that tariffs cost it $1.1 billion and reduced the company's profit margin from 9% to 6.1%.