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Trump tariffs cost GM $1.1B in second quarter, could hit $5B in costs this year
Tariffs instituted by President Donald Trump have cost Detroit-based General Motors an estimated $1.1 billion in the second quarter of 2025, the automaker said Tuesday. GM says the costs largely contributed to a 21% drop in net income during the quarter, according to CNN.
The trade deal with Japan is also giving investors hope that there could be similar reductions on tariffs for vehicles ...
GM stock tumbled following its Q2 earnings despite the company posting better-than-expected numbers. Could Ford also meet the ...
Among auto stocks, Ferrari stands out, gaining 18% so far this year, a stark contrast to Tesla’s 17% decline in 2025. Some ...
GM stock value fell sharply on Tuesday following the release of the automaker's Q2 2025 earnings report, revealing a hefty 35 ...
GM warned the toll could grow in the second half of the year, reiterating its previous estimate of a $4 billion to $5 billion ...
The tariff on imported Japanese cars has been cut to 15%, down from 25%, in a deal announced by President Donald Trump.
General Motors has revealed that tariffs imposed by Donald Trump’s administration sliced an eye-watering $1.1 billion from ...
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.
General Motors valuation remains attractive at 5.0X P/E forward earnings, with solid EV momentum and upside if tariffs ease.
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