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The automaker faces uncertainties in the upcoming fiscal year as it works to lessen the impact of U.S. tariffs and ...
The Trump administration imposed a 25 percent tariffs on imported cars this month and has said it will impose a 25 percent ...
The Detroit automaker’s net income slid 6.6% in the first quarter on weaker sales of highly profitable trucks and SUVs.
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 ...
GM's balance sheet and liquidity were strong at the end of 2024, apart from $8.7 billion in underfunded pension and other postemployment benefit obligations, an improvement from $30.8 billion at ...
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 ...
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 ...
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.
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24/7 Wall St. on MSNLive Vanguard IT ETF (VGT): Markets Blink on Tariff Uncertainty in Mixed ShowingLive Updates Live Coverage Has Ended Markets Await Ford's Earnings 4:08 pm by Gerelyn Terzo The markets succumbed to selling ...
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