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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 ...
The Detroit automaker’s net income slid 6.6% in the first quarter on weaker sales of highly profitable trucks and SUVs.
General Motors announces a drop in net income for the first quarter of this year and suspends its 2025 forecast, citing ...
GM CFO Paul Jacobson said the quarterly results were hampered, in part, by lower wholesale volumes of highly profitable full-size pickups and SUVs resulting from several weeks of ...
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Honda braces for $3bn tariff impact on profits
Japanese automaker Honda Motor anticipates a substantial Y450bn ($3bn) impact on its full-year profit as a result of US ...
General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans ...
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 automaker faces uncertainties in the upcoming fiscal year as it works to lessen the impact of U.S. tariffs and ...
RICHARD A. BROOKS / AFP via Getty Images General Motors warned Trump administration auto tariffs will have a negative impact of $4 billion to $5 billion in full-year profit. The carmaker cut its ...
(The Hill) – American automaker General Motors (GM) said Thursday that President Trump’s tariffs could cut as much as $5 billion from its profits this year. In a letter to investors, GM CEO and Chair ...
Toyota Motor forecast a 21% profit decline for the current financial year on Thursday, as the strain from US President Donald Trump’s tariffs and an appreciating yen take some of the shine off ...