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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.
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
With major American automakers releasing their earnings this week and next, a critical question emerges: Do the tariff barriers erected in the name of "protecting domestic industries" truly serve as a ...
General Motors ( No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company’s net income fell 35% from the same period last year, as higher costs and uncertainty surrounding ...
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
Key Points Revenue (GAAP) reached $47.1 billion for Q2 2025, beating expectations with non-GAAP EPS of $2.53 (analyst estimate: $2.34) and GAAP revenue of $47,122 million (analyst estimate: $45,843.29 ...
US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a new batch of earnings, including a tariff warning from General Motors (GM), ...
General Motors was the second auto company this week, after Stellantis, to show the toll that President Trump’s trade policies are taking on the industry.
A key driver of Tesla’s profit is disappearing fast as the U.S. government changes policies on an environmental asset known ...
GM stock took a sharp 6% fall after the company revealed Trumps new auto tariffs cost them $1.1 billion in just one quarter.
General Motors reported a 32% drop in second-quarter core profit due to heavy tariff impacts, losing $1.1 billion in the ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.