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GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
Tariffs hit GM’s operating income by $1.1 billion in the second quarter. The company’s net income of $1.9 billion was down ...
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
The impacts will be felt more broadly in many industries, and the question is when the choice becomes to preserve profits by ...
Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest ...
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
Expenses related to its 6.2-liter V-8 and higher claims due to software issues from EVs that launched over the past 5 years increased by $300M.
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...