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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 ...
Cyprus Mail on MSN8h
Tariffs slash GM profits, but strong truck and SUV sales cushion the blow
General Motors’ (GM.N) second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst expectations for the period, supported by strong sales of its core gasoline ...
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 ...
GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs
General Motors Co. said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a ...
GM profit shrinks despite stronger sales
Automaker General Motors posted a 12% sales gain through the first half of year while working to mitigate the effects of ...
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.
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 ...
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 few years increased by $300M.
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 ...
Business Matters3d
General Motors profits tumble by a third as Trump tariffs deliver $1.1bn blow
General Motors’ Q2 profit fell 32% to $3bn due to a $1.1bn tariff hit from Trump’s trade policies, with the carmaker warning ...
Stock market today: Nasdaq, S&P 500 slide amid wave of earnings as tariffs bite GM profit
US stocks were mixed as investors prepared for earnings season to pick up steam, with Big Tech earnings ahead.