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The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
Businesses focused on artificial intelligence are raking it in so far this earnings season. Those catering to actual people, ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
In 2020, Tesla controlled nearly 80% of the U.S. market, based on data from Experian. By 2022, that was down to 65.4%, ...
President Donald Trump just signed what he calls the 'largest trade deal in history.' But America's carmakers hate it.
News that the U.S. had struck a deal with Japan to lower new tariffs on auto imports and spare it punishing levies on other goods lifted stock markets on Wednesday. It stirred hope for a similar deal ...
WASHINGTON — U.S. President Donald Trump announced more trade deals this week as his deadline for Canada and the United States to negotiate a new economic and security agreement draws closer.
General Motors Co. in Detroit today reported second-quarter 2025 revenue of $47.1 billion and earnings before interest and taxes (EBIT)-adjusted of $3 billion.
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
With major American automakers releasing their earnings this week and next, a critical question emerges: Do the tariff ...
General Motors ( No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company’s net income fell 35% from the same period last year, as higher costs and uncertainty surrounding ...
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.