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At the start of Q2 earnings season, investors looked for tariff-related impacts on profits. Major U.S. financial firms ...
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GlobalData on MSNGeneral Motors profit takes a tariffs tumbleGeneral Motors has reported a sharp drop in profits as it took a $1.1bn hit in Q2 due to the impact of trade tariffs. It said ...
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
Analysts expect carmakers’ cash flows generated from their automotive business to be squeezed. They are likely to fall from ...
General Motors’ Q2 profit fell 32% to $3bn due to a $1.1bn tariff hit from Trump’s trade policies, with the carmaker warning ...
GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
General Motors Company (NYSE:GM) is navigating a complex automotive landscape, contending with rising tariffs and significant ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
General Motors said it expects the tariff impact to worsen in the third quarter, with a $4 to $5 billion hit to its bottom ...
General Motors beats earnings expectations despite $1.1 billion tariff impact, maintaining guidance while implementing strategic manufacturing changes.
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