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Carmaker joins Stellantis and GM in reporting hits to their profits as tariffs drive up costs for the industry.
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
General Motors ( No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company’s net income fell 35% from the same period last year, as higher costs and uncertainty surrounding ...
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
Tesla is at a crossroads, grappling with the implications of shifting U.S. regulations that jeopardize its revenue from ...