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GM Profit Shrinks

The Wall Street Journal on MSN · 6h

GM Profit Shrinks After $1.1 Billion Tariff Hit

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

CNN on MSN · 18h

GM’s latest tariff hit: $1.1 billion

Tariffs on imported cars and auto parts cost General Motors $1.1 billion in the second quarter, the nation’s largest automaker said Tuesday.

NBC News · 13h

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 reached a trade deal. It comes as the impact of tariffs already in place are becoming more clear as automakers report quarterly earnings.

GM, Trump and tariff

Reuters on MSN · 15h

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.

The Hill on MSN · 21h

GM says Trump tariffs cost automaker $1B

General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, contributing to an overall decline of 35 percent in profit. But the company

MarketWatch · 19h

Here’s who is bearing the cost of Trump’s tariffs so far this year

Analysts at Citi and at Deutsche Bank have looked into who is paying for the tariffs imposed by the Trump administration this year.

16hon 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 ...

14h

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 ...

8hon MSN

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.

1d

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.

1don 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 MSN19h

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 ...

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 ...

12hon 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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