News

Trump’s Tariffs Are Crushing VW’s Bottom Line Harder Than GM’s

Volkswagen has reported their second quarter results and they reveal the company is being hammered by Trump’s tariffs.

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 ...

GM profit hurt by over $1B in tariffs — and shares tumble as impact expected to worsen

GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.

GM: Tariffs Cost Automaker $1.1 Billion Last Quarter

The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.

Wall Street ticks up to another record as GM and others show how tariffs are impacting them

General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.

Trump tariffs take a $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 ...