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G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President Trump’s trade policies, the automaker said on Tuesday. The Trump administration imposed a 25 percent tariffs on imported cars this month and has said it will impose a 25 percent duty on imported parts on Saturday.
GM is recalling 721,000 SUVs and trucks worldwide due to engine issues that could lead to a loss of power and boost the risk ...
GM CFO Paul Jacobson told reporters on a call that the company would not comment on the exact cost incurred from tariffs.
General Motors posted strong financial results for its first quarter on Tuesday, but says it will reassess its full-year ...
GM’s initial full-year guidance was for net income between $11.2 billion and $12.5 billion and adjusted earnings between $11 ...
The company said in a statement April 23 that the latest addition to its performance offerings will have “unique package ...
General Motors has recalled approximately 721,000 full-size trucks and SUVs while also ordering a stop-sale on remaining ...
Over the last three seasons, the Tennessee Titans have had five different quarterbacks start at least two games. Now, after a ...
(Reuters) -GM said Tuesday it is recalling nearly 600,000 SUVs and trucks in the United States because of engine issues.
General Motors will voluntarily recall certain trucks and SUVs after nearly 900,000 vehicles were investigated for engine ...
General Motors on Tuesday reported better first-quarter results than analysts had expected, but postponed earnings call by ...
The large recall impacts 202–2024 model year Cadillac, Chevy, and GMC trucks with the 6.2-liter V-8.
Procter & Gamble now forecasts flat sales growth in fiscal year 2025, compared to a previous projection of a 2% to 4% ...
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