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GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs

General Motors Co.’s second-quarter profit fell as President Donald Trump’s tariffs on foreign-made vehicles and parts ...

GM profit shrinks despite stronger sales

Automaker General Motors posted a 12% sales gain through the first half of year while working to mitigate the effects of ...

GM profits take $1.1 billion hit in wake of Trump tariffs

General Motors' latest earnings report showed that President Trump's new tariffs on imported cars may have impacted the ...

GM profit hurt by over $1B in tariffs — and shares tumble as impact expected to worsen

GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.

Rising warranty costs hurt GM in second quarter after tariffs left their mark on earnings

Expenses related to its 6.2-liter V-8 and higher claims due to software issues from EVs that launched over the past 5 years increased by $300M.
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GM & Stellantis Hit by Trump Tariffs, Q2 Profit Tumbles

General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...

GM Profit Hit Shows How Tariffs Are A Tax On Your Retirement Funds

The impacts will be felt more broadly in many industries, and the question is when the choice becomes to preserve profits by ...

Trump tariffs take $1-billion bite out of GM earnings, shares fall

General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...

GM reports hit to profits due to tariffs

As the August 1st tariff deadline approaches, President Trump said on social media that the U.S. and the Philippines have ...

Stock market today: Nasdaq, S&P 500 slide amid wave of earnings as tariffs bite GM profit

US stocks were mixed as investors prepared for earnings season to pick up steam, with Big Tech earnings ahead.