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General Motors says Trump’s tariffs will cost company up to $5B, lowers 2025 profit projections
DETROIT -- The impact of President Donald Trump’s tariffs could cost General Motors up to $5 billion this year. In a letter issued to shareholders Thursday, the Detroit-based automaker lowered its 2025 profit projections to reflect the anticipated impact of the tariffs.
General Motors is lowering one of its full-year financial forecasts as the company braces for the potential impact of auto ...
GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.
General Motors’ Q1 earnings call was scheduled to take place on Tuesday, but the auto giant announced it would be postponed ...
According to a report from the National Highway Traffic Safety Administration, the recall covers certain 2021-2024 Cadillac Escalade and Escalade ESV, Chevrolet Silverado 1500, Suburban, and Tahoe, ...
23hon MSN
Uncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as ...
The move comes as the Detroit legacy automaker’s stock fell by nearly 2% on Tuesday after the company pulled its earnings ...
General Motors posts strong Q1 results but pauses buybacks and guidance due to uncertainty over Trump's 25% auto tariffs.
Por MICHELLE CHAPMANGeneral Motors redujo sus expectativas de ganancias para el año, en preparación para un posible impacto ...
Overall pricing of GM’s cars is expected to increase slightly. Jacobson added that North American pricing is expected to be 0 ...
General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans ...
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