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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 ...
The Detroit Three automakers are taking a big hit from the Trump administration's tariffs, and industry experts say only one thing can stop the bleeding for the North American auto industry — a trade ...
General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President ...
The latest move by US President Donald Trump is likely to have a significant impact on several sectors, including textiles, ...
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
Ford Motor said on Wednesday that U.S. tariffs on imported vehicles, as well as on steel and aluminum, will likely cost more ...
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 ...
The Dearborn automaker now expects the import taxes will affect adjusted operating profit by $2 billion this year.
GM reported its profit was $1.9 billion for the three months ended June 30, compared with $2.93 billion during the same ...