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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 its profit expectations for the year as the carmaker braces for the potential impact from auto ...
The move comes as the Detroit legacy automaker’s stock fell by nearly 2% on Tuesday after the company pulled its earnings ...
Overall pricing of GM’s cars is expected to increase slightly. Jacobson added that North American pricing is expected to be 0 ...
Por MICHELLE CHAPMANGeneral Motors redujo sus expectativas de ganancias para el año, en preparación para un posible impacto ...
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%.
General Motors posts strong Q1 results but pauses buybacks and guidance due to uncertainty over Trump's 25% auto tariffs.
11hon MSN
Uncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as ...
A speedboat trying to break a speed record in Arizona ended up airborne, spinning in the air before crashing back to the ...
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