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General Motors says Trump’s tariffs will cost company up to $5B, lowers 2025 profit projections
DETROIT -- The impact of President Donald Trump’s tariffs could cost General Motors up to $5 billion this year. In a letter issued to shareholders Thursday, the Detroit-based automaker lowered its 2025 profit projections to reflect the anticipated impact of the tariffs.
General Motors is lowering one of its full-year financial forecasts as the company braces for the potential impact of auto ...
GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.
General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans ...
Por MICHELLE CHAPMANGeneral Motors redujo sus expectativas de ganancias para el año, en preparación para un posible impacto ...
The move comes as the Detroit legacy automaker’s stock fell by nearly 2% on Tuesday after the company pulled its earnings ...
General Motors (GM) slashed its full-year profit guidance a couple of days after it pulled its 2025 financial outlook due to ...
14hon MSN
Uncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as ...
General Motors (GM) has issued a warning about how tariffs may affect its business in the future, as President Donald Trump ...
From 2015 to 2024, GM saw its stock appreciate 51.04%, while its revenues climbed 38.07% and its net income fell by -37.5%.
Several EVs, including the $35,000 Equinox EV, are built in Mexico. But General Motors is keeping sticker prices steady for ...
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