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Tariffs instituted by President Donald Trump have cost Detroit-based General Motors an estimated $1.1 billion in the second quarter of 2025, the automaker said Tuesday. GM says the costs largely ...
U.S. automakers are concerned about President Donald Trump's agreement to tariff Japanese vehicles at 15%, saying they'll ...
The trade deal with Japan is also giving investors hope that there could be similar reductions on tariffs for vehicles ...
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Soy Nómada on MSNGM won't raise car prices despite tariff hit, CFO saysDespite major tariff costs, GM won’t raise car prices—choosing to absorb the hit and focus on long-term solutions instead.
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
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GM Q2 Deep Dive: Tariffs, EV Scaling, and Margin Pressures Shape OutlookAutomotive manufacturer General Motors (NYSE:GM) reported in Q2 CY2025, but sales fell by 1.8% year on year to $47.12 billion ...
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
The American automaker reported that tariffs cost them $1.1 billion and reduced the company's profit margin from 9% to 6.1%.
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
The impacts will be felt more broadly in many industries, and the question is when the choice becomes to preserve profits by ...
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