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General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
TOKYO (Reuters) -Japan's Denso, a leading auto parts supplier to Toyota, posted a bigger-than-expected 11% decline in ...
GM spelled out the plunge by saying the tariffs – only introduced by President Trump in April – had led to a $1.1 billion ($A1.68b) hit in the second quarter. Profits for Q2 plunged 45 per cent at ...
Tesla, Inc.'s robotaxi hype falters as tech lags behind rivals. Explore why declining fundamentals and high valuation make ...
By just about every indicator, the U.S. economy is holding up remarkably well. When Donald Trump launched his global trade war, economists and markets said his tariff policy would slow the economy, ...
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
Infosys: AI-focused businesses are thriving, fueled by increased spending in the sector, benefiting semiconductor and software giants. Conversely, consumer-facing companies, including airlines, food ...
In light of the anticipated decline in electric vehicle sales following the expiration of U.S. subsidies, LG Energy Solution is pivoting its strategy. The company is set to ramp up production of ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
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