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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.
The move comes as the Detroit legacy automaker’s stock fell by nearly 2% on Tuesday after the company pulled its earnings ...
1don MSN
Uncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as ...
General Motors (NYSE:GM) announced a recall of nearly 600,000 vehicles in the U.S. due to potential engine failure risks. The ...
General Motors posts strong Q1 results but pauses buybacks and guidance due to uncertainty over Trump's 25% auto tariffs.
Por MICHELLE CHAPMANGeneral Motors redujo sus expectativas de ganancias para el año, en preparación para un posible impacto ...
General Motors (GM) slashed its full-year profit guidance a couple of days after it pulled its 2025 financial outlook due to ...
General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans ...
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