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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.
GM quarterly profit slumps 35%, but it sticks by full year outlook that was lowered in May
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...
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 quarterly profit slumps 35%, but it sticks by full year outlook lowered in May
General Motors' profit and revenue declined in its second-quarter but the automaker's results managed to easily top Wall ...
Morgan Stanley Bluntly Asks GM CEO: How Does It Plan To Profit From EVs When Tesla Struggles?
In light of these headwinds, Morgan Stanley analyst Adam Jonas asked GM boss Mary Barra how GM can expect to build and sell ...
Cyprus Mail on MSN23 小时
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 & 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 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 Authority26 天
Appeals Court Decertifies GM Transmission Class Action Suit
The 6th U.S. Circuit Court of Appeals in Cincinnati has voted to decertify a class action against GM, reversing a Circuit Judge's August 2024 ruling.