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General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
On July 30, Ford said it now expects its full-year adjusted EBIT to be $6.5 billion to $7.5 billion, which includes a net tariff-related cost of $2 billion. Ford also expects to generate $3.5 billion ...
The Dearborn automaker now expects the import taxes will affect adjusted operating profit by $2 billion this year.
On that note, earnings season is upon us and two stood out to me: GM and Tesla. Both companies are facing pressure from ...
GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
Wall Street may be skeptical about Tesla’s upcoming quarters, but CEO Elon Musk made four surprising announcements that could ...
General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...
Expenses related to its 6.2-liter V-8 and higher claims due to software issues from EVs that launched over the past few years increased by $300M.
The company expects the impact from the Trump administration's tariffs to take a bigger toll in the third quarter.
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
General Motors Co. in Detroit today reported second-quarter 2025 revenue of $47.1 billion and earnings before interest and taxes (EBIT)-adjusted of $3 billion.
General Motors ( No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company’s net income fell 35% ...
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