The Detroit automaker’s net income slid 6.6% in the first quarter on weaker sales of highly profitable trucks and SUVs.

The Trump administration imposed a 25 percent tariffs on imported cars this month and has said it will impose a 25 percent ...

General Motors (GM) saw solid Q1 earnings, but cuts guidance due to tariffs. Share buybacks and strong cash flow generation ...

General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans ...

General Motors announces a drop in net income for the first quarter of this year and suspends its 2025 forecast, citing ...

As far as the numbers, GM reported a 6.6% decline in its first quarter net ... Specifically in North America, its pretax profit decreased by 14% to $3.3 billion, even though Trump’s tariffs ...

The automaker faces uncertainties in the upcoming fiscal year as it works to lessen the impact of U.S. tariffs and ...

We see General Motors with a competitive lineup ... even the best automakers cannot avoid large declines in return on invested capital and profit. Cost-cutting helps ease the pain, but it does ...

(The Hill) – American automaker General Motors (GM) said Thursday that President Trump’s tariffs could cut as much as $5 billion from its profits this year. In a letter to investors, GM CEO ...

Toyota Motor forecast a 21% profit decline for the current financial year on Thursday, as the strain from US President Donald Trump’s tariffs and an appreciating yen take some of the shine off ...