On July 30, Ford said it now expects its full-year adjusted EBIT to be $6.5 billion to $7.5 billion, which includes a net tariff-related cost of $2 billion. Ford also expects to generate $3.5 billion ...

Lithia took on more leverage before the recession to fund acquisitions, L2 (now-defunct used-vehicle stores) growth, and working capital. The company has substantially reduced this debt load over the ...

On that note, earnings season is upon us and two stood out to me: GM and Tesla. Both companies are facing pressure from ...

U.S. electric vehicle uptake will slow in the short-term following big cuts to federal support but strong investments in ...

General Motors' (GM.N) second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst expectations for the period, supported by strong sales of its core gasoline ...

GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.

Tesla's more affordable model started production in June and is a cheaper Model Y, the company said on its Q2 earnings call.

General Motors has reported a third consecutive quarter of profitability in China, signaling a sustained rebound in the world ...

General Motors saw a $1.1 billion drop in profit in the second quarter of 2025, largely due to newly imposed tariffs, ...

With federal tax credits ending, the auto giant leans on its profitable gasoline-powered SUVs to fund a longer, tougher road ...

Despite a decrease in overall sales for the year, EVs are shining bright in the lead-up to September’s consumer credit ...

General Motors’ Q2 profit fell 32% to $3bn due to a $1.1bn tariff hit from Trump’s trade policies, with the carmaker warning ...