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President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
At the president's behest, GM and other carmakers have not passed the costs of the tariffs along to the customer. But GM is ...
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
Expenses related to its 6.2-liter V-8 and higher claims due to software issues from EVs that launched over the past few years increased by $300M.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.