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GM projects up to $5 billion hit on profits because of tariffs
GM executives said on an earnings call that the updated range accounted for Trump's 'little bit of help' on tariffs.
GM Warns Tariffs Will Cut Full-Year Profit by $4B to $5B
Key Takeaways General Motors warned Trump administration auto tariffs will have a negative impact of $4 billion to $5 billion ...
GM reports lower first-quarter profit after production hurdles hit full-size pickups, SUVs
GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.
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Barra Cheers Trump, But GM’s Profit Forecast Just Took a $2.4B Hit
Mary Barra, CEO of General Motors (GM), the largest automaker in the United States, expressed her gratitude to President ...
GM's strong Q1 profit clouded by tariffs, uncertain earnings guidance
GM is the first of Detroit's three automakers to open a window into its finances following the tariffs ordered by President ...
GM slashes profit outlook, sees tariffs costing up to $5 billion
GM’s updated guidance comes two days after the carmaker reported quarterly earnings in which profit and revenue topped ...
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GM projects up to $5 billion hit on profits because of tariffs
The revised yearly projection anticipates net profits slide to $8.2 billion to $10.1 billion. General Motors, issuing new guidance on financial expectations for 2025, said tariff expenses are ...