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Automakers have managed to hold prices in check, but experts say the tariff bills are coming due and that consumers will end ...
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
Taiwanese electronics giant Foxconn, the contract manufacturer known for building notable consumer favorites like the Nintendo Switch game console and the Apple iPhone, is letting go of a prominent U.
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
Expenses related to its 6.2-liter V-8 and higher claims due to software issues from EVs that launched over the past few years ...
General Motors Co. said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a ...
FORD’S PROFIT WIPED OUT BY TARIFFS Ford reports a net loss of $29 million last quarter, compared with $1.8 billion in net ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more internal combustion engine vehicles in the U.S. while continuing to improve ...
Wall Street inched to another record following some mixed profit reports, as General Motors and other big U.S. companies gave ...