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GM revises 2025 profit forecast amid $5bn tariff impact - MSNG eneral Motors (GM) has revised its 2025 profit forecast downward due to an anticipated $5bn tariff impact and plans to increase production of its battery modules made in the US.
Consumer discretionary ranked third in terms of median probability of default in the second quarter as of June 20, according ...
GM and Hyundai sales are up, while Tesla’s sales slide 15.2%. And it might take awhile before you see 2026 models.
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 ...
General Motors (GM) announced it is investing $4 billion into 3 US manufacturing facilities over the course of the next two years. Speaking with Yahoo Finance Senior Autos Reporter Pras ...
GM warns that Trump’s tariffs will cost the car manufacturer an extra $5 billion in 2025 The U.S. car manufacturing giant has cut profit forecasts for 2025 by 20 percent Mike Bedigan ...
However, the impact of tariffs ... strategies from tariffs, mean less inventory may be available for the second half of the ...
The potential impact of former President Donald Trump’s 25% tariff on imported vehicles, effective since April 3, and additional steel, aluminum, and parts tariffs have heightened pressure on U ...
President Trump's pause on sweeping global tariffs ends July 9, and there could be significant impacts for Michigan's ...
Major automakers are celebrating a Q2 sales boom, but the industry is bracing for storm clouds on the horizon as new tariffs ...
GM revises 2025 profit forecast amid $5bn tariff impact The company projects an annual adjusted profit of $10-$12.5bn, accounting for $4-$5bn in potential tariff costs. May 2, 2025 ...
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