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Major brands announce consumer price increases, as General Motors pulls its 2025 forecast due to tariff changes.
General Motors and Ford say consumers shouldn’t expect immediate price hikes on cars, even as the companies brace for the ...
Japanese automakers are grappling with a seismic financial challenge as U.S. President Donald Trump’s 25% tariffs on imported ...
The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion ...
The company projects an annual adjusted profit of $10-$12.5bn, accounting for $4-$5bn in potential tariff costs.
General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and a reprieve from the White House this ...
General Motors offered a new 2025 forecast for core profit on Thursday after receiving some clarity and reprieve from the ...
However, GM said it has taken steps that should offset the tariff effects by 30%. General Motors (GM) slashed its guidance Thursday as the biggest U.S. automaker warned new Trump administration ...
The automaker expects to notch an annual adjusted core profit between $10 billion and $12.5 billion, including a current ...
GM will continue to invest in products and tailor production to the vehicles that consumers want. That includes vehicles with ...
Syrians react after Trump says he plans to lift sanctions ...
Reduced profit expectations and a potential $5 billion hit from automotive tariffs will not affect Cadillac's Formula 1 debut ...