GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.

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%.

GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.

General Motors had a $1 billion hit over three months due to President Donald Trump's sweeping tariffs that have shaken the ...

Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.

Despite major tariff costs, GM won’t raise car prices—choosing to absorb the hit and focus on long-term solutions instead.

US tariffs have led to significant financial losses for the likes of Stellantis, GM, and VW Group in the first half of 2025, ...