News

Tariffs hit GM’s operating income by $1.1 billion in the second quarter. The company’s net income of $1.9 billion was down ...
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...
Expenses related to its 6.2-liter V-8 and higher claims due to software issues from EVs that launched over the past few years increased by $300M.
The U.S. has agreed to lower the tariff rate on Japan’s auto exports to 15%, and a group representing General Motors (GM), ...
Tariffs instituted by President Donald Trump have cost Detroit-based General Motors an estimated $1.1 billion in the second quarter of 2025, the automaker said Tuesday. GM says the costs largely ...
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.