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Morgan Stanley Bluntly Asks GM CEO: How Does It Plan To Profit From EVs When Tesla Struggles?
GM reported a $1.1 billion hit from President Trump’s tariffs this quarter. CEO Mary Barra says automation focus is on factory efficiency, not AI cars. Piper Sandler said GM needs strategic changes to ...
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.
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Trump tariffs cost GM $1.1B in Q2, company eyes supply chain overhaul
Despite the setback, GM’s leadership remains optimistic, forecasting continued growth, particularly in the electric vehicle ...
Trump tariffs take $1 bln 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 ...
GM’s $1.1 billion tariff hit bolsters mounting evidence that Americans are the ones footing the bill for Trump’s import taxes
General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company beat earnings ...
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 losses this week.