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With federal tax credits ending, the auto giant leans on its profitable gasoline-powered SUVs to fund a longer, tougher road ...
The company expects the impact from the Trump administration's tariffs to take a bigger toll in the third quarter.
At the start of Q2 earnings season, investors looked for tariff-related impacts on profits. Major U.S. financial firms reported only limited effects—especially compared to the auto industry. “We’re ...
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
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 (GM), the largest automaker in the United States, reported a direct impact of $1 billion in losses ...
General Motors' Q2 earnings faced a $1.1 billion impact due to tariffs yet surpassed analyst expectations. Increased sales of ...
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