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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.
General Motors also said its profit in the first three months of the ... Tuesday that it made $2.8 billion in the first quarter, a decline of 7 percent from a year earlier. The company was hurt ...
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 ...
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 suspends its 2025 forecast, citing uncertainty related to tariffs. General Motors recorded a 6.6-percent drop in net profit in the first quarter of 2025. The auto giant also ...
General Motors Co. on Tuesday reported a 6.6% decline in first-quarter net income ... North American pretax profit decreased 14% to $3.3 billion even though the tariffs imposed by President ...
Though the company is a reliable profit generator ... Share buybacks also become more valuable as the share count declines. Historically, GM had a rewarding track record of buying back stock.
The automaker faces uncertainties in the upcoming fiscal year as it works to lessen the impact of U.S. tariffs and ...
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 ...
General Motors is shelving its earlier profit guidance for 2025 ... Jacobson attributed some of the earnings decline to an unusually strong first quarter in 2024, a period in which GM’s ...
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