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General Motors reports a 35% income slide in Q2 2025. Discover how a massive $1.1 billion hit from tariffs is impacting the automaker's profits.
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 the net impact reflected ‘minimal mitigation offsets’.
Shares of automotive manufacturer General Motors (NYSE:GM) fell 7.3% in the morning session after the company reported its second-quarter earnings, which showed a significant profit decline due to ...
General Motors posted revenues of $47.12 billion, down 2% year-on-year, but significantly higher than Street expectations of $45.84 billion.
DETROIT (AP) — DETROIT (AP) — General Motors Company (GM) on Tuesday reported second-quarter earnings of $1.9 billion. On a per-share basis, the Detroit-based company said it had profit of $1.91.
Investing.com - General Motors (NYSE: GM) reported second quarter EPS of $2.53, $0.18 better than the analyst estimate of $2.35. Revenue for the quarter came in at $47.1B versus the consensus ...
General Motors’ profit and revenue declined in its second-quarter but the automaker easily topped expectations and the company stuck by its full-year financial outlook that it lowered in May .
General Motors Lost $1.1 Billion to Trump Tariffs in Q2 Earnings The Trump tariff on automakers is 25% for imported vehicles, which is costing some companies a lot of money.
General Motors Company slumped in Tuesday’s premarket session after reporting a sharp drop in adjusted EBIT margins to 6.4% and a whopping $1.1 billion tariff headwind. The auto behemoth ...
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
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