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General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
The company expects the impact from the Trump administration's tariffs to take a bigger toll in the third quarter.
General Motors said it expects the tariff impact to worsen in the third quarter, with a $4 to $5 billion hit to its bottom ...
GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
General Motors Co. on Tuesday reported adjusted second-quarter profit that rose above expectations, even as it faced $1.1 billion in tariff costs.
General Motors has reported a sharp drop in profits as it took a $1.1bn hit in Q2 due to the impact of trade tariffs. It said the net impact reflected ‘minimal mitigation offsets’. Net income was down ...
General Motors said on Tuesday it will move production of the Cadillac Escalade to a Michigan assembly plant, while adding ...
General Motors reported Tuesday that second-quarter profits tumbled by more than a third due to tariffs as it confirmed its ...
General Motors announced plans to invest $4 billion into its domestic factories over the next two years. Details about the ...
A major automaker is relocating production of one of its top-selling vehicles out of Texas. General Motors announced Tuesday ...