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General Motors says Trump’s tariffs will cost company up to $5B, lowers 2025 profit projections
DETROIT -- The impact of President Donald Trump’s tariffs could cost General Motors up to $5 billion this year. In a letter issued to shareholders Thursday, the Detroit-based automaker lowered its 2025 profit projections to reflect the anticipated impact of the tariffs.
General Motors is lowering one of its full-year financial forecasts as the company braces for the potential impact of auto ...
According to a report from the National Highway Traffic Safety Administration, the recall covers certain 2021-2024 Cadillac ...
General Motors (NYSE:GM) updated its full-year profit guidance a couple of days after it pulled its 2025 financial outlook ...
The move comes as the Detroit legacy automaker’s stock fell by nearly 2% on Tuesday after the company pulled its earnings ...
Por MICHELLE CHAPMANGeneral Motors redujo sus expectativas de ganancias para el año, en preparación para un posible impacto ...
GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.
From 2015 to 2024, GM saw its stock appreciate 51.04%, while its revenues climbed 38.07% and its net income fell by -37.5%.
1don MSN
Uncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as ...
General Motors posts strong Q1 results but pauses buybacks and guidance due to uncertainty over Trump's 25% auto tariffs.
GM has issued a recall for several vehicles equipped with the 6.2L V8 L87 engine, but the recall follows more than 14,000 ...
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