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NPR's Steve Inskeep asks Mayor Andy Schor of Lansing, Mich., about the potential impact of tariffs on the city that is home to two General Motors plants.
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
GM CEO Mary Barra hasn’t ruled out raising car prices, however, and has said the company will stay competitive.
GM said earnings in the second quarter reflect a more than $1 billion hit from President Donald Trump's tariffs.
GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...
General Motors has reported a sharp drop in profits as it took a $1.1bn hit in Q2 due to the impact of trade tariffs. It said ...
General Motors Company (NYSE:GM) is navigating a complex automotive landscape, contending with rising tariffs and significant ...
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
General Motors Company slumped in Tuesday’s premarket session after reporting a sharp drop in adjusted EBIT margins to 6.4% ...
General Motors said tariffs slashed its second-quarter income by more than $1 billion, and other companies pointed to import ...
General Motors ( No. 18 on the Fortune 500) reported its Q2 earnings results on Tuesday. The company’s net income fell 35% ...
General Motors valuation remains attractive at 5.0X P/E forward earnings, with solid EV momentum and upside if tariffs ease. Learn more on GM stock here.