News

GM CEO Mary Barra: Tariffs will cost us $5 billion, and prices ‘will stay at the same level’
The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion ...
GM projects up to $5 billion hit on profits because of tariffs
GM executives said on an earnings call that the updated range accounted for Trump's 'little bit of help' on tariffs.
Observer1d
GM and Ford CEOs Say New Auto Tariffs Won’t Raise Prices—Yet
General Motors (GM) and Ford (F) say consumers shouldn’t expect immediate price hikes on cars, even as the companies brace ...
GM cuts 2025 profit forecast, expects up to $5 billion tariff impact
General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and a reprieve from the White House this ...
GM: Tariffs could cut $5B from profits
American automaker General Motors (GM) said Thursday that President Trump’s tariffs could cut as much as $5 billion from its ...
GM's strong Q1 profit clouded by tariffs, uncertain earnings guidance
GM is the first of Detroit's three automakers to open a window into its finances following the tariffs ordered by President ...
GM says Cadillac F1 project not affected by auto tariff hit
Reduced profit expectations and a potential $5 billion hit from automotive tariffs will not affect Cadillac's Formula One ...
GM CEO breaks silence over tariff pressure and what it means for your wallet
General Motors CEO Mary Barra shared her expectations for auto tariffs and their potential impacts on the industry, including ...