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GM and Stellantis Lose Billions as Tariffs Reshape U.S. Auto Industry
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
GM Stock Falls After $1.1 Billion Hit From Tariffs
GM reports a second-quarter operating profit of $3 billion and earnings per share of $2.53 from sales of $47.1 billion.
Tariffs Poke Their Heads Up With $1.1 Billion Profit Impact For GM
The impacts will be felt more broadly in many industries, and the question is when the choice becomes to preserve profits by ...
GM Profit Shrinks After $1.1 Billion Tariff Hit
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
Wall Street ticks up to another record as GM and others show how tariffs are impacting them
Wall Street inched to another record following some mixed profit reports, as General Motors and other big U.S. companies gave ...
GM warns of more tariff impacts as earnings slip
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
US stocks hang around their records as GM and others show how tariffs are impacting them
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
GM, Ford Stock Rally Despite Detroit’s Complaints on Japan Trade Deal
The trade deal with Japan is also giving investors hope that there could be similar reductions on tariffs for vehicles ...
GM’s $1.1 billion tariff hit bolsters mounting evidence that Americans are the ones footing the bill for Trump’s import taxes
General Motors had a more than $1 billion chunk taken out of its profits due to tariff costs, the company reported on Tuesday ...