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GM Profit Falls

Reuters on MSN · 12h

Trump tariffs take $1-billion bite out of GM earnings, shares fall

General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday, supported by strong sales of its core gasoline trucks and SUVs.

Bloomberg on MSN · 18h

GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs

General Motors Co. said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a near-term fix to return to pre-tariff profit levels.

Tariffs Poke Their Heads Up With $1.1 Billion Profit Impact For GM

The impacts will be felt more broadly in many industries, and the question is when the choice becomes to preserve profits by raising prices.

Wall Street, GM and tariffs

The Associated Press on MSN · 5h

Wall Street ticks up to another record as GM and others show how tariffs are impacting them

General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.

LA Times on MSN · 11h

Wall Street ticks up to another record as GM and others show how tariffs are affecting them

Wall Street inched to another record after some mixed profit reports, as General Motors and other big U.S. companies gave updates on how much President Trump's tariffs are hurting or helping them

Wall Street mixed as markets balance trade talks against tariffs' impact on results

Wall Street struggled for direction on Tuesday as investors weighed signs of progress in U.S. trade talks and perused a spate of second-quarter company earnings, some of which showed a hit from President Donald Trump's tariff policies.

13hon MSN

GM’s $1.1 billion tariff hit bolsters mounting evidence that Americans are the ones footing the bill for Trump’s import taxes

General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company beat earnings ...

21h

GM warns of more tariff impacts as earnings slip

GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.

12hon MSN

GM Profit Shrinks After $1.1 Billion Tariff Hit

General Motors’ net income shrank 35% in the second quarter despite strong sales gains.

21hon MSN

GM's Earnings Top Estimates, But Automaker Warns of Larger Tariff Hit in Second Half

General Motors on Tuesday posted second-quarter results above analysts' estimates, but said it expects a bigger hit from ...

MotorTrend on MSN16h

How Is GM Doing With Tariffs, EV Uncertainty? The Going's Tough, But It Has a Plan

Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...

9h

GM reports hit to profits due to tariffs

As the August 1st tariff deadline approaches, President Trump said on social media that the U.S. and the Philippines have ...

1don MSN

GM reports $1.1 billion tariff impact as automaker works to 'greatly reduce' exposure

General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President ...

8hon MSN

Tariffs hit U.S. companies hard, but businesses absorb them for now

General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...

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