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GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
At the start of Q2 earnings season, investors looked for tariff-related impacts on profits. Major U.S. financial firms ...
General 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 ...
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
NPR's Steve Inskeep asks Mayor Andy Schor of Lansing, Mich., about the potential impact of tariffs on the city that is home to two General Motors plants.
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
General Motors Company slumped in Tuesday’s premarket session after reporting a sharp drop in adjusted EBIT margins to 6.4% ...
General Motors beats earnings expectations despite $1.1 billion tariff impact, maintaining guidance while implementing strategic manufacturing changes.
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
Learn more about how automakers are faring in the Trump tariff economy, including how much General Motors lost in operating ...