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General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
The impacts will be felt more broadly in many industries, and the question is when the choice becomes to preserve profits by ...
Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest ...
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MotorTrend on MSNHow Is GM Doing With Tariffs, EV Uncertainty? The Going's Tough, But It Has a PlanTariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
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