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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 ...
General Motors also said its profit in the first three months of the ... Tuesday that it made $2.8 billion in the first quarter, a decline of 7 percent from a year earlier. The company was hurt ...
General Motors (GM) saw solid Q1 earnings, but cuts guidance due to tariffs. Share buybacks and strong cash flow generation ...
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 ...
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 ...
Though the company is a reliable profit generator ... Share buybacks also become more valuable as the share count declines. Historically, GM had a rewarding track record of buying back stock.
General Motors Co. on Tuesday reported a 6.6% decline in first-quarter net income ... North American pretax profit decreased 14% to $3.3 billion even though the tariffs imposed by President ...
Source: Decline in Tesla's deliveries. Source: Tesla Filings GM’s good performance in gaining ... good economic conditions to deliver healthy profits. Any dip in customer sentiment can lead ...
General Motors is shelving its earlier profit guidance for 2025 ... Jacobson attributed some of the earnings decline to an unusually strong first quarter in 2024, a period in which GM’s ...
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