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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, according to CNN.
Despite a decrease in overall sales for the year, EVs are shining bright in the lead-up to September’s consumer credit ...
GM pounced on Triple Eight's technical director in the wake of the announcement earlier this year that the team will ...
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
GM is anticipating that the total impact of the tariffs in 2025 will be approximately $4 billion to $5 billion ...
General Motors valuation remains attractive at 5.0X P/E forward earnings, with solid EV momentum and upside if tariffs ease. Learn more on GM stock here.
With federal tax credits ending, the auto giant leans on its profitable gasoline-powered SUVs to fund a longer, tougher road ...
General Motors braces for higher tariffs and capex, maintains 2025 guidance, and projects $7.5-$10 billion in free cash flow despite volume headwinds.
General Motors ( No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company’s net income fell 35% ...
GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...
GM is set to launch a series of updates for the Super Cruise hands-free driver assist system in conjunction with the 2026 MY, ...
According to General Motors Insurance’s website, insurance is now also offered in Arkansas and Colorado. Coverage is offered ...
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