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General Motors reported a 35% decline in second-quarter profit, reaching $1.89 billion, but exceeded Wall Street expectations ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
15h
NewsNation on MSNTariffs hit car industry as GM, Stellantis report billion-dollar lossesGeneral Motors revealed its second quarter profits fell by a third, losing more than $1 billion dollars. The car company ...
5d
Cryptopolitan on MSNGeneral Motors commits to EVs after record sales quarter despite ballooning tariff costsGeneral Motors (GM) had a strong quarter for electric vehicle sales despite experiencing a profit drop due to rising tariff ...
General Motors reported a 32% drop in second-quarter core profit due to heavy tariff impacts, losing $1.1 billion in the ...
5d
InvestorsHub on MSNGeneral Motors Shares Drop as Q2 Profit Slides Amid North American WeaknessShares of General Motors Co. (NYSE:GM) fell 4.1% Tuesday after the company posted better-than-expected second-quarter ...
General Motors (GM) said Tuesday that President Trump’s tariffs cost the company $1.1 billion in the second quarter, ...
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported ...
Wall Street is hanging around its records following some mixed profit reports, as General Motors and other big U.S. companies ...
StockStory.org on MSN5d
Why General Motors (GM) Shares Are Sliding TodayWhat Happened? Shares of automotive manufacturer General Motors (NYSE:GM) fell 7.3% in the morning session after the company ...
General Motors reported a 32 % decline in second-quarter core profit, citing a $1.1 billion hit from U.S. tariffs implemented ...
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