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GM stock took a sharp 6% fall after the company revealed Trumps new auto tariffs cost them $1.1 billion in just one quarter.
GM warned the toll could grow in the second half of the year, reiterating its previous estimate of a $4 billion to $5 billion ...
Despite the increased tariff-related costs, GM is expected to earn more than $9 a share in 2025, according to FactSet, ...
GM reports a second-quarter operating profit of $3 billion and earnings per share of $2.53 from sales of $47.1 billion.
GM stock value fell sharply on Tuesday following the release of the automaker's Q2 2025 earnings report, revealing a hefty 35 ...
The trade deal with Japan is also giving investors hope that there could be similar reductions on tariffs for vehicles ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
According to the bank, Ford is better positioned than General Motors (NYSE: GM) heading into second-quarter results, pointing ...
General Motors has revealed that tariffs imposed by Donald Trump’s administration sliced an eye-watering $1.1 billion from ...