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General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest ...
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News Nation on MSNTariffs hit car industry as GM, Stellantis report billion-dollar lossesGeneral Motors revealed its second quarter profits fell by a third, losing more than $1 billion dollars. The car company attributed the loss to tariffs. Its CEO is promising billions of dollars in ...
General Motors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront ...
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
Expenses related to its 6.2-liter V-8 and higher claims due to software issues from EVs that launched over the past few years increased by $300M.
General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
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