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General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
Management stated guidance remains at EBIT adjusted in the $10 billion to $12.5 billion range, EPS diluted adjusted in the $8.25 to $10 per share range, and adjusted automotive free cash flow in the ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
General Motors Co.'s stock fell more than 7% on Tuesday after the auto giant reported adjusted second-quarter profit that rose above expectations, even as it faced $1.1 billion in tariff costs.
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...
General Motors is making waves in the automotive industry by transferring Cadillac Escalade production to Michigan, signaling ...
The biggest thing to note for investors who have followed Ford or GM for even a few years is that China is no longer the ...
On the heels of announcing a $4 billion U.S. manufacturing investment, a top executive at General Motors said last week that the automaker's “self-help” program ― aimed at mitigating nearly ...
The GM Orion plant in Michigan is receiving half of the automaker’s recent $4 billion investment to increase vehicle capacity in three U.S. facilities.