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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.
GM executives said on an earnings call that the updated range accounted for Trump's 'little bit of help' on tariffs.
General Motors (GM) saw solid Q1 earnings, but cuts guidance due to tariffs. Share buybacks and strong cash flow generation ...
General Motors announces a drop in net income for the first quarter of this year and suspends its 2025 forecast, citing ...
General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans ...
The automaker’s somber forecast for the fiscal year underscored how quickly fortunes had turned for many companies reckoning ...
The Hill on MSN13d
GM: Tariffs could cut $5B from profitsAmerican automaker General Motors (GM) said Thursday that President Trump’s tariffs could cut as much as $5 billion from its ...
General Motors Co. took an axe to its full-year guidance on Thursday, with the automaker saying it now expects tariffs to cost up to $5 billion. The updated outlook comes after GM GM pushed back ...
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 cutting back on its production in Ontario. GM says its Oshawa assembly plant will return to a two-shift ...
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