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The tariff on imported Japanese cars has been cut to 15%, down from 25%, in a deal announced by President Donald Trump.
GM saw its profits diminish as EVs, tariffs, and warranties whittled away 34.5 percent of the company’s net income. It brought in $1.9 billion in net income, while at the same time gaining a 17.4 ...
General Motors' latest earnings report showed that President Trump's new tariffs on imported cars may have impacted the ...
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...