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General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
Tariffs hit GM’s operating income by $1.1 billion in the second quarter. The company’s net income of $1.9 billion was down ...
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest ...
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
Tariffs instituted by President Donald Trump have cost Detroit-based General Motors an estimated $1.1 billion in the second quarter of 2025, the automaker said Tuesday. GM says the costs largely ...