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Despite major tariff costs, GM won’t raise car prices—choosing to absorb the hit and focus on long-term solutions instead.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
GM took a $1.1 billion hit from tariffs last quarter, revealing the strain of shifting trade policies and the company’s ...
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
Analysts expect carmakers’ cash flows generated from their automotive business to be squeezed. They are likely to fall from ...
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
General Motors Co. GM-N says U.S. tariffs cost it US$1.1-billion in the second quarter, reducing profit by 35 per cent, and ...
Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a 2.3 billion euros ($2.68 billion) net ...