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GM Profit Shrinks

GM profits take $1.1 billion hit in wake of Trump tariffs

General Motors' latest earnings report showed that President Trump's new tariffs on imported cars may have impacted the company's profits. Laila Maidan, a reporter for MarketWatch, joins with more details.

The Wall Street Journal on MSN · 3d

GM Profit Shrinks After $1.1 Billion Tariff Hit

Tariffs hit GM’s operating income by $1.1 billion in the second quarter. The company’s net income of $1.9 billion was down from $2.9 billion in the second quarter of 2024. GM said few of its tariff “mitigation” efforts, such as making more vehicles at its U.S. factories, were fully implemented.

Reuters on MSN · 3d

Trump tariffs take $1-billion bite out of GM earnings, shares fall

General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday, supported by strong sales of its core gasoline trucks and SUVs.

3don MSN

GM quarterly profit slumps 35%, but it sticks by full year outlook lowered in May

General Motors' profit and revenue declined in its second-quarter but the automaker's results managed to easily top Wall ...

GM Profit Down 35.4 Percent On Steady Revenue During Q2 2025

GM second quarter 2025 earnings are headlined by $1.9 billion in net income (profit) on $47 billion in revenue. See complete ...

2d

Rising warranty costs hurt GM in second quarter after tariffs left their mark on earnings

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.

2don MSNOpinion

GM reports massive profit loss due to Trump's destructive tariff war

The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...

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