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General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
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.
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' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
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.
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...