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GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
Tariffs hit GM’s operating income by $1.1 billion in the second quarter. The company’s net income of $1.9 billion was down ...
Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest ...
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...
The American automaker reported that tariffs cost it $1.1 billion and reduced the company's profit margin from 9% to 6.1%.
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News Nation on MSNTariffs hit car industry as GM, Stellantis report billion-dollar lossesGeneral Motors revealed its second quarter profits fell by a third, losing more than $1 billion dollars. The car company attributed the loss to tariffs. Its CEO is promising billions of dollars in ...
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
General Motors has delivered a warning to corporate America, publishing second-quarter earnings that included a shocking ...
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