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GM surprised analysts with Q2 2025 earnings, but a $1.1 billion tariff hit caused net income to plummet 35% year-over-year.
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
According to company CFO Paul Jacobson, GM recorded a major reduction in software-related warranty costs in Q2 of 2025, ...
General Motors has reported a sharp drop in profits as it took a $1.1bn hit in Q2 due to the impact of trade tariffs. It said ...
At the start of Q2 earnings season, investors looked for tariff-related impacts on profits. Major U.S. financial firms ...
Q2 adjusted EPS came in at $3.06, beating estimates by 12.9%. ... General Motors (GM-3.87%), the American auto manufacturing giant, announced its earnings for the second quarter on July 23.
General Motors and Coca-Cola stock tend to draw the attention of both institutional and retail investors, but which is the ...
Despite a decrease in overall sales for the year, EVs are shining bright in the lead-up to September’s consumer credit ...
General Motors ( NYSE: GM) is scheduled to announce Q2 earnings results on Tuesday, July 22nd, before market open. Wall ...
General Motors Q2 earnings rise 52% on strong sales, prices and automaker raises outlook for 2023. July 25, 2023 / 8:47 AM EDT / AP CBS News Detroit Digital Brief for July 25, 2023 .
The American automaker reported that tariffs cost them $1.1 billion and reduced the company's profit margin from 9% to 6.1%.