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GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
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 ...
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 ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
General Motors Co. said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a ...
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
Wall Street inched to another record following some mixed profit reports, as General Motors and other big U.S. companies gave ...
The S&P 500 eked out a record-high close on Tuesday, following steep losses in General Motors and a gain in Tesla as ...
FORD’S PROFIT WIPED OUT BY TARIFFS Ford reports a net loss of $29 million last quarter, compared with $1.8 billion in net ...
At the president's behest, GM and other carmakers have not passed the costs of the tariffs along to the customer. But GM is ...