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GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
Ford Motor said on Wednesday that U.S. tariffs on imported vehicles, as well as on steel and aluminum, will likely cost more ...
General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President ...
General Motors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront ...
The Detroit Three automakers are taking a big hit from the Trump administration's tariffs, and industry experts say only one thing can stop the bleeding for the North American auto industry — a trade ...
The Dearborn automaker now expects the import taxes will affect adjusted operating profit by $2 billion this year.
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
On July 30, Ford said it now expects its full-year adjusted EBIT to be $6.5 billion to $7.5 billion, which includes a net tariff-related cost of $2 billion. Ford also expects to generate $3.5 billion ...
GM is anticipating that the total impact of the tariffs in 2025 will be approximately $4 billion to $5 billion ...
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