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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 CEO Mary Barra shared her expectations for auto tariffs and their potential impacts on the industry, including ...
The automaker postponed its full-year guidance until after President Trump announces his revised tariff structure.
General Motors is lowering one of its full-year financial forecasts as the company braces for the potential impact of auto ...
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%.
GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.
Por MICHELLE CHAPMANGeneral Motors redujo sus expectativas de ganancias para el año, en preparación para un posible impacto ...
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General Motors (NYSE:GM) announced a recall of nearly 600,000 vehicles in the U.S. due to potential engine failure risks. The ...
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