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GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
General Motors had a more than $1 billion chunk taken out of its profits due to tariff costs, the company reported on Tuesday ...
The tariff on imported Japanese cars has been cut to 15%, down from 25%, in a deal announced by President Donald Trump.
Nearly 600,000 GM vehicles have been under recall since April for potential engine failure, but some owners have been unable ...
The Detroit giant reported a $1.1 billion year-over-year drop in quarterly revenue.But while the numbers are grim, GM is ...
With federal tax credits ending, the auto giant leans on its profitable gasoline-powered SUVs to fund a longer, tougher road ...