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 ...

The Detroit giant reported a $1.1 billion year-over-year drop in quarterly revenue.But while the numbers are grim, GM is focusing on the bright spots, including record first-half revenue and growing ...

The American Automotive Policy Council, which represents the Detroit 3, criticized a deal giving Japan lower import tariffs ...

GM is anticipating that the total impact of the tariffs in 2025 will be approximately $4 billion to $5 billion ...

Many U.S. companies, including GM, Walmart, and Home Depot, are currently absorbing tariff costs, sacrificing profits to ...

General Motors ( No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company’s net income fell 35% from the same period last year, as higher costs and uncertainty surrounding ...

Detroit’s engine is pushing into overdrive. General Motors on Tuesday blamed President Donald Trump’s tariffs for a $1.1 ...

President Trump calls his new trade agreement with Japan the “biggest deal ever,” claiming it will bring $550 billion in ...

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