Honda profit plummets
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The Detroit automaker’s net income slid 6.6% in the first quarter on weaker sales of highly profitable trucks and SUVs.
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Cryptopolitan on MSNGeneral Motors says it expects up to $5 billion Trump tariff impact this yearAmerica’s largest automaker, General Motors (GM) says tariffs on imported cars imposed by the Trump administration will this year cost the company between $4 billion and $5 billion. CEO Mary Barra told CNN in an interview that the company has downsized its earnings guidance as the tariffs will eat into its profitability.
General Motors (GM) saw solid Q1 earnings, but cuts guidance due to tariffs. Share buybacks and strong cash flow generation potential provide optimism. See more.
General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans to offset the impact by boosting U.S. production and tightening spending.
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GM: Tariffs could cut $5B from profitsAmerican automaker General Motors (GM) said Thursday that President Trump’s tariffs could cut as much as $5 billion from its profits this year. In a letter to investors, GM CEO and Chair Mary Barra said her company has “had continual discussions with ...
The automaker suspends its 2025 forecast, citing uncertainty related to tariffs. General Motors recorded a 6.6-percent drop in net profit in the first quarter of 2025. The auto giant also ...
As far as the numbers, GM reported a 6.6% decline in its first quarter net ... Specifically in North America, its pretax profit decreased by 14% to $3.3 billion, even though Trump’s tariffs ...
We see General Motors with a competitive lineup ... even the best automakers cannot avoid large declines in return on invested capital and profit. Cost-cutting helps ease the pain, but it does ...
The automaker faces uncertainties in the upcoming fiscal year as it works to lessen the impact of U.S. tariffs and potentially higher supply chain costs.