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GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
The S&P 500 eked out a record-high close on Tuesday, following steep losses in General Motors and a gain in Tesla as ...
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
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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MotorTrend on MSNHow Is GM Doing With Tariffs, EV Uncertainty? The Going's Tough, But It Has a Plan
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
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.
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
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