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G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President Trump’s trade policies, the automaker said on Tuesday. The Trump administration imposed a 25 percent tariffs on imported cars this month and has said it will impose a 25 percent duty on imported parts on Saturday.
GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.
General Motors (GM) reported first quarter earnings on Tuesday morning that topped expectations. The biggest of the Big Three ...
General Motors has recalled approximately 721,000 full-size trucks and SUVs while also ordering a stop-sale on remaining ...
GM planned to restart Orion Assembly after a $4 billion retooling and expansion to build the Silverado EV and GMC Sierra EV ...
(Reuters) -GM said Tuesday it is recalling nearly 600,000 SUVs and trucks in the United States because of engine issues.
General Motors posted strong financial results for its first quarter on Tuesday, but says it will reassess its full-year ...
GM unveiled the 2026 Cadillac Optiq V. The new option is part of GM's plans to offer all-electric powertrain options on its ...
General Motors reported better-than-expected first-quarter results on Tuesday. That’s great, but results will take a back ...
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