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Trump tariffs cost GM $1.1B in second quarter, could hit $5B in costs this year
Tariffs instituted by President Donald Trump have cost Detroit-based General Motors an estimated $1.1 billion in the second quarter of 2025, the automaker said Tuesday. GM says the costs largely contributed to a 21% drop in net income during the quarter, according to CNN.
Despite a decrease in overall sales for the year, EVs are shining bright in the lead-up to September’s consumer credit ...
General Motors valuation remains attractive at 5.0X P/E forward earnings, with solid EV momentum and upside if tariffs ease. Learn more on GM stock here.
Even with shares down 12% this year, Tesla Inc. (NASDAQ:TSLA) still carries an out-of-this-world price-to-earnings ratio of ...
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...
With federal tax credits ending, the auto giant leans on its profitable gasoline-powered SUVs to fund a longer, tougher road ...
GM is set to launch a series of updates for the Super Cruise hands-free driver assist system in conjunction with the 2026 MY, ...
According to General Motors Insurance’s website, insurance is now also offered in Arkansas and Colorado. Coverage is offered ...
General Motors (NYSE:GM) reported adjusted EPS of $2.53, topping analysts' $2.45 estimate, but revenue declined 1.8% year?on?year to $47.12 billion. The sales drop in key North American and China ...
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