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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.
News that the U.S. had struck a deal with Japan to lower new tariffs on auto imports and spare it punishing levies on other goods lifted stock markets on Wednesday. It stirred hope for a similar deal ...
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
General Motors ( No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company’s net income fell 35% from the same period last year, as higher costs and uncertainty surrounding ...
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
Key Points Revenue (GAAP) reached $47.1 billion for Q2 2025, beating expectations with non-GAAP EPS of $2.53 (analyst estimate: $2.34) and GAAP revenue of $47,122 million (analyst estimate: $45,843.29 ...
US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a new batch of earnings, including a tariff warning from General Motors (GM), ...
US stocks were mixed Tuesday after hitting fresh all-time highs to start the week. Wall Street continues to digest a new ...
General Motors was the second auto company this week, after Stellantis, to show the toll that President Trump’s trade policies are taking on the industry.
A key driver of Tesla’s profit is disappearing fast as the U.S. government changes policies on an environmental asset known ...
GM stock took a sharp 6% fall after the company revealed Trumps new auto tariffs cost them $1.1 billion in just one quarter.