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General Motors beats earnings expectations despite $1.1 billion tariff impact, maintaining guidance while implementing strategic manufacturing changes.
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
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GlobalData on MSNGeneral Motors profit takes a tariffs tumbleGeneral Motors has reported a sharp drop in profits as it took a $1.1bn hit in Q2 due to the impact of trade tariffs. It said ...
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...
At the start of Q2 earnings season, investors looked for tariff-related impacts on profits. Major U.S. financial firms ...
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President ...
General Motors faces up to -$5B EBIT impact from tariffs, rising costs, and uncertain FCF amid trade risks and shifting production. Find out why GM stock is a hold.
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