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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.
The Auto Wire on MSN30m
GM Profits Fall Thanks To EVs, Tariffs, WarrantiesGM 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 ...
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