News

GM’s $1.1 billion tariff hit bolsters mounting evidence that Americans are the ones footing the bill for Trump’s import taxes
General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company beat earnings ...
GM and Ford Get a Raw Deal in Trump’s Trade Pact With Japan
The tariff on imported Japanese cars has been cut to 15%, down from 25%, in a deal announced by President Donald Trump.
Morgan Stanley Bluntly Asks GM CEO: How Does It Plan To Profit From EVs When Tesla Struggles?
GM reported a $1.1 billion hit from President Trump’s tariffs this quarter. CEO Mary Barra says automation focus is on factory efficiency, not AI cars. Piper Sandler said GM needs strategic changes to ...
GM quarterly profit slumps 35%, but it sticks by full year outlook that was lowered in May
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...
FOX 2 Detroit on MSN4d
FASTLANE: GM moving production to Michigan, Tesla facing trial over autopilot and more
Dave Spencer hosts the FOX 2 Fastlane. Stories this week include GM moving more production to the Orion Assembly plant, a new ...
GM reports massive profit loss due to Trump's destructive tariff war
The president's trade policies are wreaking havoc on the American auto industry. Another automaker, Stellantis, also reported losses this week.
Commanders GM says non-football topics such as President Trump’s comments don’t reach him
Washington’s NFL franchise used to be in the news all the time for reasons other than football. That seemed to have changed ...
GM Stock Falls After $1.1 Billion Hit From Tariffs
GM reports a second-quarter operating profit of $3 billion and earnings per share of $2.53 from sales of $47.1 billion.