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General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President ...
At the start of Q2 earnings season, investors looked for tariff-related impacts on profits. Major U.S. financial firms ...
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.
GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...
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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 ...
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
Ford recorded a net loss for the quarter of $36 million, which it said was primarily due to special charges related to cancellation of a three-row electric SUV, and field service actions from a ...
General Motors beats earnings expectations despite $1.1 billion tariff impact, maintaining guidance while implementing strategic manufacturing changes.
Carmakers have so far avoided passing on much of the cost of tariffs to consumers. They built as many cars as they could ...
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