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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 ...
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
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’ net income shrank 35% in the second quarter despite strong sales gains.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
General Motors Co. said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a ...
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 ...
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
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 ...