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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 earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
GM is anticipating that the total impact of the tariffs in 2025 will be approximately $4 billion to $5 billion ...
GM reported its profit was $1.9 billion for the three months ended June 30, compared with $2.93 billion during the same ...
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
General Motors ( No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company’s net income fell 35% ...
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
Both helped the company report a loss of $36 million to its net income. Ford also continues to lose money on EVs. The Ford Model e electric vehicle unit lost $1.3 billion in the quarter, a wider loss ...