News

GM CEO Mary Barra: Tariffs will cost us $5 billion, and prices ‘will stay at the same level’
The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion ...
GM Expects Tariffs to Cost Up to $5 Billion in 2025, Slashes Outlook
General Motors cut its outlook for 2025 to account for a $4 billion to $5 billion dent in profits from automotive tariffs, ...
GM slashes profit outlook, sees tariffs costing up to $5 billion
GM’s updated guidance comes two days after the carmaker reported quarterly earnings in which profit and revenue topped ...
GM Suspends Guidance, Freezes Share Buyback on Trump Tariffs
General Motors Co. is pulling earnings guidance for 2025 and putting $4 billion in share buybacks on hold until it has more ...
GM’s $5B tariff gut punch shows how painful it will be for U.S. automakers to adapt to Trump’s vision
GM executives described various "levers" the carmarker can pull to offset some of the sting of the tariffs, and said the ...
GM CEO breaks silence over tariff pressure and what it means for your wallet
General Motors CEO Mary Barra shared her expectations for auto tariffs and their potential impacts on the industry, including ...
GM to Take as Much as $5 Billion Hit on Trump Tariffs. Why the Stock Isn’t Tanking.
GM reported first-quarter numbers on Tuesday but delayed its earnings conference call because President Donald Trump was set ...
The White House says tariffs won't make car buying more expensive. Top automakers don't sound as sure.
Despite the White House's statements, Ford's top executive recently said he could not promise consumers wouldn't pay more.