News

Money Morning2d
GM and Stellantis Lose Billions as Tariffs Reshape U.S. Auto Industry
President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
GM’s latest tariff hit: $1.1 billion
Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest ...
GM profit hurt by over $1B in tariffs — and shares tumble as impact expected to worsen
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
GM Beats Earnings Expectations But Still Down Year Over Year Thanks To Tariff Scare
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
Rising warranty costs hurt GM in second quarter after tariffs left their mark on earnings
Expenses related to its 6.2-liter V-8 and higher claims due to software issues from EVs that launched over the past few years increased by $300M.
GM reports massive profit loss due to Trump's destructive tariff war
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
GM warns of more tariff impacts as earnings slip
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
What Caused GM's Dramatic 35% Drop in Net Income?
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...