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General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
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.
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.
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 ...
GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation ...
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% ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.
General Motors beats earnings expectations despite $1.1 billion tariff impact, maintaining guidance while implementing strategic manufacturing changes.
General Motors Company slumped in Tuesday’s premarket session after reporting a sharp drop in adjusted EBIT margins to 6.4% ...
General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.