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GM reports hit to profits due to tariffs
As the August 1st tariff deadline approaches, President Trump said on social media that the U.S. and the Philippines have reached a trade deal. It comes as the impact of tariffs already in place are becoming more clear as automakers report quarterly earnings.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
Automaker General Motors posted a 12% sales gain through the first half of year while working to mitigate the effects of ...
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...
The impacts will be felt more broadly in many industries, and the question is when the choice becomes to preserve profits by ...
General Motors' profit and revenue declined in its second-quarter but the automaker's results managed to easily top Wall ...
General Motors Co. said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a ...
US stocks were mixed as investors prepared for earnings season to pick up steam, with Big Tech earnings ahead.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
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