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GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
Tariffs hit GM’s operating income by $1.1 billion in the second quarter. The company’s net income of $1.9 billion was down ...
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest ...
General Motors Co. said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a ...
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company beat earnings ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...