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Cyprus Mail on MSNTariffs slash GM profits, but strong truck and SUV sales cushion the blow
General Motors' (GM.N) second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst ...
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
Volkswagen has reported their second quarter results and they reveal the company is being hammered by Trump’s tariffs.
Some big companies are reporting real financial pain from tariffs and economic uncertainty — but for others, business is ...
The economic effects are undermining executive confidence and potential job growth in both countries. Long-term planning has ...
The United Auto Workers is "deeply angered" by Trump's 15% tariff deal with Japan and said "a better deal would have held ...
18hon MSN
Morgan Stanley Bluntly Asks GM CEO: How Does It Plan To Profit From EVs When Tesla Struggles?
In light of these headwinds, Morgan Stanley analyst Adam Jonas asked GM boss Mary Barra how GM can expect to build and sell its EVs profitably, without the company following Tesla with massive AI and ...
On July 25, South Korean automaker Kia revealed that it will adjust its U.S. business operations, cutting the incentives that automakers have been using to entice tariff-weary shoppers.
According to commodity market experts, gold prices are expected to dominate the list of risky assets. The bears may deliver ...
U.S. stocks set more records on Wednesday following a trade deal between the world’s No. 1 and No. 4 economies, one that ...
President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S.
(CNN)– Tariffs on imported cars and auto parts are taking a toll on Volkswagen. Europe’s largest carmaker says it lost ...
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