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GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
General Motors reported second-quarter earnings that beat Wall Street’s estimates, despite ongoing uncertainty from President ...
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
General Motors has reported a sharp drop in profits as it took a $1.1bn hit in Q2 due to the impact of trade tariffs. It said ...
GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...
General Motors Company slumped in Tuesday’s premarket session after reporting a sharp drop in adjusted EBIT margins to 6.4% ...
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
Automaker says second-quarter results took an $800-million hit from levies and shares fell about 4% in aftermarket trading ...
Carmakers have so far avoided passing on much of the cost of tariffs to consumers. They built as many cars as they could ...