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GM Profit Shrinks After $1.1 Billion Tariff Hit

General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
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GM & Stellantis Hit by Trump Tariffs, Q2 Profit Tumbles

General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...

GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs

General Motors Co.’s second-quarter profit fell as President Donald Trump’s tariffs on foreign-made vehicles and parts ...
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General Motors profit takes a tariffs tumble

General Motors has reported a sharp drop in profits as it took a $1.1bn hit in Q2 due to the impact of trade tariffs. It said ...

GM profits take $1.1 billion hit in wake of Trump tariffs

General Motors' latest earnings report showed that President Trump's new tariffs on imported cars may have impacted the ...

GM Profit Hit Shows How Tariffs Are A Tax On Your Retirement Funds

The impacts will be felt more broadly in many industries, and the question is when the choice becomes to preserve profits by ...

GM profit hurt by over $1B in tariffs — and shares tumble as impact expected to worsen

GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.

Rising warranty costs hurt GM in second quarter after tariffs left their mark on earnings

Expenses related to its 6.2-liter V-8 and higher claims due to software issues from EVs that launched over the past 5 years increased by $300M.

Trump tariffs take $1-billion bite out of GM earnings, shares fall

General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...

GM reports massive profit loss due to Trump's destructive tariff war

The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...