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Trump tariffs cost GM $1.1B in second quarter, could hit $5B in costs this year
Tariffs instituted by President Donald Trump have cost Detroit-based General Motors an estimated $1.1 billion in the second quarter of 2025, the automaker said Tuesday. GM says the costs largely contributed to a 21% drop in net income during the quarter,
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company beat earnings ...
Automaker General Motors posted a 12% sales gain through the first half of year while working to mitigate the effects of ...
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...
Nearly 600,000 GM vehicles have been under recall since April for potential engine failure, but some owners have been unable ...
Bills GM Brandon Beane defended 1st-round rookie amid a civil sexual assault lawsuit, citing polygraph and past ...
General Motors is set to report its second-quarter earnings before the bell Tuesday. Wall Street analysts expect adjusted ...
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Browns GM Andrew Berry declined to speculate on Quinshon Judkins' future in the wake of his domestic battery charge.
Dodgers general manager Brandon Gomes indicated that Freeman has been falling short of the team's expectations alongside ...
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