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GM says tariffs cost it A$1.68 billion in the last three months to push the automaker into the red – and there are more ...
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
Results: Automaker's net profit dropped 35%, revenue declined to $47.12 billion from $47.97 billion, but still topped Wall Street’s estimate of $45.84 billion.
The largest US automaker by sales expects the tariff impact to worsen in the third quarter. Read more at straitstimes.com.
BENGALURU] General Motors’ (GM) second-quarter earnings took a US$1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday (Jul 22), supported by ...
It took a $1.1 billion tariff hit in the last quarter, which is on target with expectations. GM sales in China are ticking ...
General Motors' profit and revenue declined in its second-quarter but the automaker's results managed to easily top Wall ...
General Motors' Q2 earnings faced a $1.1 billion impact due to tariffs yet surpassed analyst expectations. Increased sales of ...
CFO Paul Jacobson said on Tuesday that the automaker will continue to produce electric vehicles to meet consumer demand, ...
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...