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Trump Tariffs Are Causing Decline In EV Battery Demand, Says Tesla, General Motors Supplier LG
LG Energy Solutions warns that Trump's tariffs and end to EV subsidies will slow down battery demand, shifts focus to Energy ...
GM Beats Earnings Expectations But Still Down Year Over Year Thanks To Tariff Scare
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
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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 latest automaker to see tariff effects, says it took $1.1B hit last quarter
General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
Tariffs Cloud General Motors' Outlook As Annual Profits Remain At Risk
General Motors Company (NYSE:GM) is navigating a complex automotive landscape, contending with rising tariffs and significant ...
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.
LG Energy Solution warns of slowing EV battery demand due to U.S. tariffs, policy headwinds
South Korean battery firm LG Energy Solution warned on Friday of a further slowdown in demand by early next year due to U.S.
Tariffs hit U.S. companies hard, but businesses absorb them for now
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...