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General Motors said it expects the tariff impact to worsen in the third quarter, with a $4 to $5 billion hit to its bottom line.
General Motors' profit and revenue declined in its second-quarter but the automaker's results managed to easily top Wall ...
Nissan's recovery focuses on cost cutting, plant closures, and a pivot to hybrid technology to regain competitiveness. Read ...
GM warned the toll could grow in the second half of the year, reiterating its previous estimate of a $4 billion to $5 billion hit for the year. Shares dropped 7% during the day, even as the company's ...
General Motors’ second-quarter core profit fell 32 per cent to US$3 billion on Tuesday, as the automaker continued to ...
Management stated guidance remains at EBIT adjusted in the $10 billion to $12.5 billion range, EPS diluted adjusted in the $8.25 to $10 per share range, and adjusted automotive free cash flow in the ...
General Motors Co.'s stock fell more than 7% on Tuesday after the carmaker's better-than-expected quarterly results were no match for worries about continued tariff impacts and demand, along with $1.1 ...
General Motors reported Tuesday that second-quarter profits tumbled by more than a third due to tariffs as it confirmed its full-year forecast.
Despite the substantial impact, the automaker managed to surpass Wall Street’s expectations, thanks to continued strong ...
GM announced its plans to end production of combustion engine vehicles by 2035, as part of its strategy to achieve carbon ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
General Motors Co.'s stock fell more than 7% on Tuesday after the auto giant reported adjusted second-quarter profit that rose above expectations, even as it faced $1.1 billion in tariff costs.