News

Trump’s Tariffs Are Crushing VW’s Bottom Line Harder Than GM’s
Volkswagen has reported their second quarter results and they reveal the company is being hammered by Trump’s tariffs.
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 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 ...
The New Voice of Ukraine on MSN2d
Trump tariffs cost GM $1.1B in Q2, company eyes supply chain overhaul
Despite the setback, GM’s leadership remains optimistic, forecasting continued growth, particularly in the electric vehicle ...
Trump tariffs take a $1 billion bite out of GM earnings; shares fall
General Motors' second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst ...
FOX 2 Detroit on MSN5d
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.
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.