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The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
7d
InvestorsHub on MSNGeneral Motors Shares Drop as Q2 Profit Slides Amid North American WeaknessShares of General Motors Co. (NYSE:GM) fell 4.1% Tuesday after the company posted better-than-expected second-quarter ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
General Motors Company (NYSE:GM) is navigating a complex automotive landscape, contending with rising tariffs and significant ...
Bloomberg on MSN7d
GM's Profit Declines as Trump Tariffs Add to CostsGeneral Motors saw profit fall in the second quarter as President Donald Trump's tariffs on foreign-made vehicles and parts ...
GM spelled out the plunge by saying the tariffs – only introduced by President Trump in April – had led to a $1.1 billion ($A1.68b) hit in the second quarter. Profits for Q2 plunged 45 per cent at ...
GM is anticipating that the total impact of the tariffs in 2025 will be approximately $4 billion to $5 billion ...
General Motors reported a 32% drop in second-quarter core profit due to heavy tariff impacts, losing $1.1 billion in the ...
General Motors reported a 35% decline in second-quarter profit, reaching $1.89 billion, but exceeded Wall Street expectations ...
6d
Cryptopolitan on MSNGeneral Motors commits to EVs after record sales quarter despite ballooning tariff costsGeneral Motors (GM) had a strong quarter for electric vehicle sales despite experiencing a profit drop due to rising tariff ...
General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company beat earnings ...
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