News

GM: Tariffs Cost Automaker $1.1 Billion Last Quarter
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
GM’s latest tariff hit: $1.1 billion
Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest ...
GM warns of more tariff impacts as earnings slip
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
S&P 500 notches record-high close; GM slumps as tariffs bite
The S&P 500 eked out a record-high close on Tuesday, following steep losses in General Motors and a gain in Tesla as ...
Wall Street ticks up to another record as GM and others show how tariffs are impacting them
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
Money Morning3d
GM and Stellantis Lose Billions as Tariffs Reshape U.S. Auto Industry
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
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 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.