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GM Profit Falls

GM Profit Shrinks After $1.1 Billion Tariff Hit

Tariffs hit GM’s operating income by $1.1 billion in the second quarter. The company’s net income of $1.9 billion was down from $2.9 billion in the second quarter of 2024. GM said few of its tariff “mitigation” efforts, such as making more vehicles at its U.S. factories, were fully implemented.

Yahoo · 2d

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 company's profits. Laila Maidan, a reporter for MarketWatch, joins with more details.

Bloomberg · 3d

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 near-term fix to return to pre-tariff profit levels.

2don MSN

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 ...

22mon MSN

Morgan Stanley Bluntly Asks GM CEO: How Does It Plan To Profit From EVs When Tesla Struggles?

GM reported a $1.1 billion hit from President Trump’s tariffs this quarter. CEO Mary Barra says automation focus is on factory efficiency, not AI cars. Piper Sandler said GM needs strategic changes to ...

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 ...

GM Authority2d

GM Profit Down 35.4 Percent On Steady Revenue During Q2 2025

GM second quarter 2025 earnings are headlined by $1.9 billion in net income (profit) on $47 billion in revenue. See complete ...

2don MSN

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.

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.

1don MSNOpinion

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 ...

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