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The Detroit automaker’s net income slid 6.6% in the first quarter on weaker sales of highly profitable trucks and SUVs.
GM executives said on an earnings call that the updated range accounted for Trump's 'little bit of help' on tariffs.
GM's net profit slid 6.6% to $2.7 billion. GM reported Q1 equity income from China at a $45 million profit, compared with a ...
General Motors (GM) saw solid Q1 earnings, but cuts guidance due to tariffs. Share buybacks and strong cash flow generation ...
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 ...
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 ...
GM's net profit slid 6.6% to $2.7 billion. GM reported Q1 equity income from China at a $45 million profit, compared with a $106 million loss last year. A foreign exchange headwind of $300 million ...