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GM executives said on an earnings call that the updated range accounted for Trump's 'little bit of help' on tariffs.
The Detroit automaker’s net income slid 6.6% in the first quarter on weaker sales of highly profitable trucks and SUVs.
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Just Auto on MSNHonda braces for $3bn tariff impact on profitsJapanese automaker Honda Motor anticipates a substantial Y450bn ($3bn) impact on its full-year profit as a result of US ...
General Motors (GM) saw solid Q1 earnings, but cuts guidance due to tariffs. Share buybacks and strong cash flow generation ...
General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans ...
The Hill on MSN13d
GM: Tariffs could cut $5B from profitsAmerican automaker General Motors (GM) said Thursday that President Trump’s tariffs could cut as much as $5 billion from its ...
The automaker suspends its 2025 forecast, citing uncertainty related to tariffs. General Motors recorded a 6.6-percent drop in net profit in the first quarter of 2025. The auto giant also ...
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Cryptopolitan on MSNGeneral Motors says it expects up to $5 billion Trump tariff impact this yearGeneral Motors says tariffs on imported cars imposed by the Trump administration will this year cost the company between $4 ...
The automaker faces uncertainties in the upcoming fiscal year as it works to lessen the impact of U.S. tariffs and ...
General Motors Co. took an axe to its full-year guidance on Thursday, with the automaker saying it now expects tariffs to cost up to $5 billion. The updated outlook comes after GM GM pushed back ...
Toyota Motor forecast a 21% profit decline for the current financial year on Thursday, as the strain from US President Donald Trump’s tariffs and an appreciating yen take some of the shine off ...
General Motors' Oshawa Assembly plant in Canada, which builds pickup trucks, will cut back to a two-shift schedule from three ...
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