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TOKYO (Reuters) -Japan's Denso, a leading auto parts supplier to Toyota, posted a bigger-than-expected 11% decline in ...
GM spelled out the plunge by saying the tariffs – only introduced by President Trump in April – had led to a $1.1 billion ($A1.68b) hit in the second quarter. Profits for Q2 plunged 45 per cent at ...
By just about every indicator, the U.S. economy is holding up remarkably well. When Donald Trump launched his global trade war, economists and markets said his tariff policy would slow the economy, ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
General Motors ( No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company’s net income fell 35% from the same period last year, as higher costs and uncertainty surrounding ...
Key Points Revenue (GAAP) reached $47.1 billion for Q2 2025, beating expectations with non-GAAP EPS of $2.53 (analyst estimate: $2.34) and GAAP revenue of $47,122 million (analyst estimate: $45,843.29 ...
US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a ...
The American automaker reported that tariffs cost it $1.1 billion and reduced the company's profit margin from 9% to 6.1%.
Wall Street is hanging around its records following some mixed profit reports, as General Motors and other big U.S. companies ...
A key driver of Tesla’s profit is disappearing fast as the U.S. government changes policies on an environmental asset known ...
GM stock took a sharp 6% fall after the company revealed Trumps new auto tariffs cost them $1.1 billion in just one quarter.