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Cyprus Mail on MSNTariffs slash GM profits, but strong truck and SUV sales cushion the blowGeneral Motors' (GM.N) second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst ...
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
Despite a few glimmers of good news, Volkswagen lowered their forecast for 2025. Their estimated operating return on sales has been revised from 5.5-6.5% to 4-5%, while the automotive net cash flow ...
14hon MSN
In light of these headwinds, Morgan Stanley analyst Adam Jonas asked GM boss Mary Barra how GM can expect to build and sell its EVs profitably, without the company following Tesla with massive AI and ...
The economic effects are undermining executive confidence and potential job growth in both countries. Long-term planning has ...
The United Auto Workers is "deeply angered" by Trump's 15% tariff deal with Japan and said "a better deal would have held ...
Briefing note obtained by Canada’s National Observer shows François-Philippe Champagne, then federal minister of Innovation, ...
US tariffs have led to significant financial losses for the likes of Stellantis, GM, and VW Group in the first half of 2025, ...
South Korean battery firm LG Energy Solution warned on Friday of a further slowdown in demand by early next year due to U.S.
President Donald Trump's tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the ...
(CNN)– Tariffs on imported cars and auto parts are taking a toll on Volkswagen. Europe’s largest carmaker says it lost ...
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