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General Motors says Trump’s tariffs will cost company up to $5B, lowers 2025 profit projections
DETROIT -- The impact of President Donald Trump’s tariffs could cost General Motors up to $5 billion this year. In a letter issued to shareholders Thursday, the Detroit-based automaker lowered its 2025 profit projections to reflect the anticipated impact of the tariffs.
General Motors is lowering one of its full-year financial forecasts as the company braces for the potential impact of auto ...
General Motors (NYSE:GM) updated its full-year profit guidance a couple of days after it pulled its 2025 financial outlook ...
General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans ...
13hon MSN
Uncertainty continues to hang over the latest round of financial results and forecasts for companies both big and small as ...
The move comes as the Detroit legacy automaker’s stock fell by nearly 2% on Tuesday after the company pulled its earnings ...
Overall pricing of GM’s cars is expected to increase slightly. Jacobson added that North American pricing is expected to be 0 ...
Por MICHELLE CHAPMANGeneral Motors redujo sus expectativas de ganancias para el año, en preparación para un posible impacto ...
From 2015 to 2024, GM saw its stock appreciate 51.04%, while its revenues climbed 38.07% and its net income fell by -37.5%.
GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.
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