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General Motors told investors on Tuesday that it took a $1.1 billion hit from tariffs last quarter. Stellantis, which makes ...
General Motors affirms FY25 adjusted earnings per share guidance of $8.25-$10.00 versus $9.17 analyst estimate. General ...
Automakers might increase prices moving forward, according to a report from the intelligence firm AlixPartners.
With federal tax credits ending, the auto giant leans on its profitable gasoline-powered SUVs to fund a longer, tougher road ...
Despite a challenging quarter, electric vehicle (EV) sales more than doubled, helped by new models like the electric Chevy Equinox. GM now holds 16% of the U.S. EV market, second to Tesla.
The Detroit giant reported a $1.1 billion year-over-year drop in quarterly revenue.But while the numbers are grim, GM is focusing on the bright spots, including record first-half revenue and growing ...
Recent market rotation signals investors are shifting from tech to value and yield, with signs of froth and overbought ...
“Elon seems to be also exiting the auto industry, clearly pulling capital out of the business and doubling down on AI, ...
The company expects the impact from the Trump administration's tariffs to take a bigger toll in the third quarter.
At the start of Q2 earnings season, investors looked for tariff-related impacts on profits. Major U.S. financial firms ...
Detroit’s engine is pushing into overdrive. General Motors on Tuesday blamed President Donald Trump’s tariffs for a $1.1 ...
The USA’s biggest car maker, General Motors, has claimed that President Donald Trump’s tariffs knocked $1.1bn (£813m) off its ...