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General Motors CFO: Agility is a key strength as tariffs deliver $1.1 billion hit in Q2Good morning. At the start of Q2 earnings season, investors looked for tariff-related impacts on profits. Major U.S.
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GlobalData on MSNGeneral Motors profit takes a tariffs tumbleGeneral Motors has reported a sharp drop in profits as it took a $1.1bn hit in Q2 due to the impact of trade tariffs. It said ...
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
General Motors has revealed that tariffs imposed by Donald Trump’s administration sliced an eye-watering $1.1 billion from ...
GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...
General Motors’ Q2 profit fell 32% to $3bn due to a $1.1bn tariff hit from Trump’s trade policies, with the carmaker warning of deeper losses in the next quarter.
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company beat earnings ...
Learn more about how automakers are faring in the Trump tariff economy, including how much General Motors lost in operating ...
General Motors is set to report its second-quarter earnings before the bell Tuesday. Wall Street analysts expect adjusted ...
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