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The automaker faces uncertainties in the upcoming fiscal year as it works to lessen the impact of U.S. tariffs and ...
The Detroit automaker’s net income slid 6.6% in the first quarter on weaker sales of highly profitable trucks and SUVs.
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 ...
General Motors also said its profit in the first three months of the ... Tuesday that it made $2.8 billion in the first quarter, a decline of 7 percent from a year earlier. The company was hurt ...
GM's balance sheet and liquidity were strong at the end of 2024, apart from $8.7 billion in underfunded pension and other postemployment benefit obligations, an improvement from $30.8 billion at ...
General Motors is shelving its earlier profit guidance for 2025 ... Jacobson attributed some of the earnings decline to an unusually strong first quarter in 2024, a period in which GM’s ...
As far as the numbers, GM reported a 6.6% decline in its first quarter net ... Specifically in North America, its pretax profit decreased by 14% to $3.3 billion, even though Trump’s tariffs ...
Though the company is a reliable profit generator ... Share buybacks also become more valuable as the share count declines. Historically, GM had a rewarding track record of buying back stock.
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24/7 Wall St. on MSNLive Vanguard IT ETF (VGT): Markets Blink on Tariff Uncertainty in Mixed ShowingLive Updates Live Coverage Has Ended Markets Await Ford's Earnings 4:08 pm by Gerelyn Terzo The markets succumbed to selling ...
saw a surprise consolidated net profit decline in Q4, amid higher competition in FMCG, wage cost pressures, and ongoing investments in service levels. The company, which is best-known for its ...
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