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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.
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
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Soy Nómada on MSNUS Companies Begin to Feel the Impact of Trump's TariffsThe economic landscape for companies operating in the United States is showing the first signs of strain from tariffs imposed by the Trump administration.
GM is anticipating that the total impact of the tariffs in 2025 will be approximately $4 billion to $5 billion ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
GM reported its profit was $1.9 billion for the three months ended June 30, compared with $2.93 billion during the same ...
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
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MotorTrend on MSNHow Is GM Doing With Tariffs, EV Uncertainty? The Going's Tough, But It Has a PlanTariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
General Motors ( No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company’s net income fell 35% ...
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