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President Donald Trump’s 25% tariffs on imported vehicles and parts have sent shockwaves through the U.S. auto industry.
General Motors saw a $1.1 billion drop in profit in the second quarter of 2025, largely due to newly imposed tariffs, Motor1.com reported on July 23.
Since the tariffs took effect earlier this year, automakers in North America have been warning that tariffs will add costs ...
Tariffs took a bite out of GM’s second-quarter earnings, but the automaker is executing a plan that includes building more ...
General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company beat earnings ...
Automotive manufacturer General Motors (NYSE:GM) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, but sales ...