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General Motors says Trump’s tariffs will cost company up to $5B, lowers 2025 profit projections
The impact of President Donald Trump’s tariffs could cost General Motors up to $5 billion this year. In a letter issued to shareholders Thursday, the Detroit-based automaker lowered its 2025 profit projections to reflect the anticipated impact of the tariffs.
General Motors (GM) has issued a warning about how tariffs may affect its business in the future, as President Donald Trump ...
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Uncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as ...
Overall pricing of GM’s cars is expected to increase slightly. Jacobson added that North American pricing is expected to be 0 ...
The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion ...
Por MICHELLE CHAPMANGeneral Motors redujo sus expectativas de ganancias para el año, en preparación para un posible impacto ...
The move comes as the Detroit legacy automaker’s stock fell by nearly 2% on Tuesday after the company pulled its earnings ...
General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans ...
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The White House is reportedly set to lower tariffs on some foreign-made parts needed to manufacture cars in the U.S. and ...
From 2015 to 2024, GM saw its stock appreciate 51.04%, while its revenues climbed 38.07% and its net income fell by -37.5%.
GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.
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