GM's net profit slid 6.6% to $2.7 billion. GM reported Q1 equity income from China at a $45 million profit, compared with a $106 million loss last year. A foreign exchange headwind of $300 million ...

The Detroit automaker’s net income slid 6.6% in the first quarter on weaker sales of highly profitable trucks and SUVs.

General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans ...

General Motors (GM) is pulling its 2025 profit guidance due to uncertainty caused by President Donald Trumps’ tariffs. “Given the evolving nature of the situation, we believe the future impact ...

although its U.S. sales rose and it swung to a profit in China. GM is the first of the Detroit Three to report earnings for the first quarter of 2025. Chief Financial Officer Paul Jacobson told ...

The automaker faces uncertainties in the upcoming fiscal year as it works to lessen the impact of U.S. tariffs and ...

President Trump is expected to soften the impact of his automotive tariffs on Tuesday. He said automakers should not be ‘penalized’ if they can’t get car parts. Photo: Mandel Ngan/AFP/Getty ...