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President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
At the president's behest, GM and other carmakers have not passed the costs of the tariffs along to the customer. But GM is ...
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 ...
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
U.S. automakers worry that President Donald Trump’s agreement to tariff Japanese vehicles at 15% would put them at a ...
The impacts will be felt more broadly in many industries, and the question is when the choice becomes to preserve profits by ...