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The largest U.S. automaker by sales said it expects the tariff impact to worsen in the third quarter and stuck to a previous estimate that trade headwinds threaten to hit the bottom line by $4 billion ...
General Motors, Stellantis and Ford are all taking a hit from tariffs, to the tune of hundreds of millions or billions of ...
General Motors' profit and revenue declined in its second-quarter but the automaker's results managed to easily top Wall ...
While some U.S. companies are taking the President’s advice to “eat the cost” of the tariffs, forecasters doubt that ...
Exports from a majority of them are getting taxed at 15%. For a handful of countries in Asia, the rate is 19%. Products from ...
NPR's Steve Inskeep asks Mayor Andy Schor of Lansing, Mich., about the potential impact of tariffs on the city that is home to two General Motors plants.
Detroit Free Press on MSN16d
General Motors' Q2 profits drop $1.1B after taking tariff hit
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
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What Caused GM's Dramatic 35% Drop in Net Income?
What many might not know is that GM imports quite a few vehicles, which makes the current tariff impact noticeable. In fact, GM imported roughly 45% of the vehicles sold in the U.S. market in 2024 ...
General Motors Company (NYSE:GM)’s shares dipped by 8% after its latest earnings report, which saw the firm announce a massive $1.1 billion earnings hit from tariffs.
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Soy Nómada on MSNUS Companies Begin to Feel the Impact of Trump's Tariffs
The economic landscape for companies operating in the United States is showing the first signs of strain from tariffs imposed by the Trump administration.
NPR's Steve Inskeep asks Mayor Andy Schor of Lansing, Mich., about the potential impact of tariffs on the city that is home to two General Motors plants.
INSKEEP: Now let's go to Lansing, Michigan, the home of two General Motors plants and many other businesses. It's next to East Lansing, Michigan, the home of Michigan State University.
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