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GM, Trump and tariff
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President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest ...
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 told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
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MotorTrend on MSNHow Is GM Doing With Tariffs, EV Uncertainty? The Going's Tough, But It Has a PlanTariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
GM reports a second-quarter operating profit of $3 billion and earnings per share of $2.53 from sales of $47.1 billion.
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