News

General Motors and Stellantis, two of the Big Three U.S. automakers, reported billions of dollars in economic losses this ...
Results: Automaker's net profit dropped 35%, revenue declined to $47.12 billion from $47.97 billion, but still topped Wall Street’s estimate of $45.84 billion.
Analysts said GM may need to cut investment in future projects or find other ways to trim spending to offset the effect of tariffs.
Despite the substantial impact, the automaker managed to surpass Wall Street’s expectations, thanks to continued strong ...
GM announced its plans to end production of combustion engine vehicles by 2035, as part of its strategy to achieve carbon ...
Jimmy Lee, the CEO of the Wealth Consulting Group, told the BBC that investors have so far overlooked the potential effects ...
The largest U.S. automaker by sales said it expects the tariff impact to worsen in the third quarter after reporting a US$1.1 ...
GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...
General Motors' second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst ...
Detroit Axle cites disruptions in its supply chain resulting from changes in U.S. import tariff policy when announcing the ...
US Treasury Secretary Scott Bessent told Fox Business on Tuesday that he plans to meet his Chinese counterpart next week and discuss an extension of an August 12 deadline for higher tariffs. "I think ...