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GM took a $1.1 billion hit from tariffs last quarter, revealing the strain of shifting trade policies and the company’s ...
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
Despite major tariff costs, GM won’t raise car prices—choosing to absorb the hit and focus on long-term solutions instead.
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’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
The American automaker reported that tariffs cost it $1.1 billion and reduced the company's profit margin from 9% to 6.1%.
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
General Motors' Q2 2025 profit dropped 35% due to $1.1 billion in tariff costs, prompting a $4 billion U.S. manufacturing ...
Hard to believe that tariff policies promising to protect American businesses might, in fact, have backfired spectacularly on ...