General Motors saw a $1.1 billion drop in profit in the second quarter of 2025, largely due to newly imposed tariffs, Motor1.com reported on July 23.

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 ...

The tariff on imported Japanese cars has been cut to 15%, down from 25%, in a deal announced by President Donald Trump.

The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...

Despite a challenging quarter, electric vehicle (EV) sales more than doubled, helped by new models like the electric Chevy Equinox. GM now holds 16% of the U.S. EV market, second to Tesla.

General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...

Detroit carmakers criticized the Trump administration's new trade pact with Japan that will cut tariffs on Japanese imports, including autos. "Any deal that charges a lower tariff for Japanese imports ...

The Detroit giant reported a $1.1 billion year-over-year drop in quarterly revenue.But while the numbers are grim, GM is focusing on the bright spots, including record first-half revenue and growing ...

General Motors says it lost more than $1 billion in the second quarter because of U.S. tariffs. Stellantis lost more than double that in the first half of the year and blamed a sizeable chunk of that ...

The American Automotive Policy Council, which represents the Detroit 3, criticized a deal giving Japan lower import tariffs ...

GM is anticipating that the total impact of the tariffs in 2025 will be approximately $4 billion to $5 billion ...

Many U.S. companies, including GM, Walmart, and Home Depot, are currently absorbing tariff costs, sacrificing profits to ...