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GM profit hurt by over $1B in tariffs — and shares tumble as impact expected to worsen
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
GM Stock Gets New Buy Rating Ahead of Earnings. Uncertainty Is an Opportunity.
Despite the increased tariff-related costs, GM is expected to earn more than $9 a share in 2025, according to FactSet, ...
GM stock & Q2 results hit by tariffs: A look at GM's road ahead
General Motors (GM) stock is under pressure after the automaker's $1.1 billion tariff costs overshadowed its earnings beat.
GM Beats Earnings Expectations But Still Down Year Over Year Thanks To Tariff Scare
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
GM stock tanks 6% as Trump’s tariffs hit hard — is this just the beginning of more pain to come?
GM stock took a sharp 6% fall after the company revealed Trumps new auto tariffs cost them $1.1 billion in just one quarter.
MarketWatch1d
GM stock gets a downgrade amid worries about a recession
GM stock gets a downgrade amid worries about a recession Deutsche Bank turns ‘much more cautious’ on auto makers, cuts GM stock rating to hold By Claudia Assis ...
GM stock buckles under multiple headwinds and risky bets on EVs
GM warned the toll could grow in the second half of the year, reiterating its previous estimate of a $4 billion to $5 billion ...
GM Authority1y
GM Stock Value Up 2 Percent During May 28 - May 31, 2024
GM declared a $0.12 dividend for Q2 of 2024. GM Stock Value Macro Factors – Sales GM’s Q1 2024 sales figures were highlighted by a 1.5-percent decrease to 594,233 units for the quarter.
GM: Tariffs Cost Automaker $1.1 Billion Last Quarter
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
GM Profit Shrinks After $1.1 Billion Tariff Hit
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
GM Authority8mon
GM Stock Up 3 Percent During Week Of Nov 18 - Nov 22, 2024
The value of GM stock increased during the week of November 18 th to November 22 nd, 2024. Shares closed the week at $58.53 per share, representing an increase of $1.49 per share, or 2.61 percent ...
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Ford Vs General Motors: Which Auto Stock is the Better Investment After Q2 Earnings?
While high-growth tech stocks are starting to highlight the Q2 earnings season, they are also becoming more expensive in ...