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In a letter to shareholders, GM CEO Mary Barra emphasized the $4 billion investment in U.S. manufacturing GM announced in the quarter, a change that adds 300,000 units of capacity for profitable ...
Pivoting to General Motors, which reported Q2 results last Tuesday, the company was hit with $1.1 billion in tarriffs, although Q2 EPS of $2.53 comfortably exceeded expectations of $2.39 by 6% but ...
Net income of $1.89 billion, compared with the prior year’s second quarter of $2.93 billion. Total revenues of $47.1 billion, down 1.8% compared with $47.97 billion in second-quarter 2024.
General Motors said on Tuesday that its profit in the second quarter fell by more than a third, after President Trump’s tariffs cost the company more than $1 billion. G.M. was the second ...
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' profit declined 35% in its second quarter, including a $1.1 billion hit from tariffs, but the automaker easily topped expectations and stuck by its full-year financial outlook that ...
Earnings Results General Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling GM’s stock is the worst S&P 500 performer on Tuesday By Steve Gelsi Follow and Claudia Assis ...
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 ...