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GM Profit Shrinks

General Motors' Q2 profits drop $1.1B after taking tariff hit

General Motors' net income plummeted 35% in the second quarter compared with the same quarter in 2024 as increased costs and industry uncertainty stemming from President Donald Trump’s ongoing automo...

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GM Profit Shrinks After $1.1 Billion Tariff Hit

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General Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling

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Backseat driver throws GM into lower gear

General Motors on Tuesday blamed President Donald Trump’s tariffs for a $1.1 billion increase in quarterly expenses, triggering a 7% loss of market value.

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Trump tariffs take $1-billion bite out of GM earnings, shares fall

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General Motors profit and revenue drops, but it maintains lowered full year outlook

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Car makers are feeling tariff pain: GM is the 2nd company to take a hit to profits

"To put full year targets in reach," analysts Daniel Roska and Christopher Gray of research and brokerage firm Bernstein wrote in a note, "GM needs to start mitigating tariff cost."

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US stocks hang around their records as GM and others show how tariffs are impacting them

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GM’s Earnings Are a Warning Sign as August Tariff Deadline Looms

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Wall Street ticks up to another record as GM and others show how tariffs are affecting them

Wall Street inched to another record after some mixed profit reports, as General Motors and other big U.S. companies gave updates on how much President Trump's tariffs are hurting or helping them

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GM Moves Into Second Place In U.S. EV Market As It Leans On Diverse Lineup

General Motors said Tuesday it has secured the number two spot in U.S. EV sales behind Tesla, according to CNBC. GM executives said Tuesday the company is focused on improving EV profitability. CFO Paul Jacobson pointed to GM’s mix of gas and electric vehicles as a strategic advantage amid shifting demand.

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Tesla Is Still Selling Glossy Future - GM Just Shipped 111% More EVs

Even with shares down 12% this year, Tesla Inc. (NASDAQ:TSLA) still carries an out-of-this-world price-to-earnings ratio of 189x. That's not just lofty—it's meme-level. Tesla's Valuation Is Still From Another Planet For context,

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GM Just Lost More Than A Billion Dollars—Here's Why

The Detroit giant reported a $1.1 billion year-over-year drop in quarterly revenue.But while the numbers are grim, GM is focusing on the bright spots, including record first-half revenue and growing EV momentum.

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The Sneaky Way General Motors Is Catching Tesla

Another reason that Cadillac could be a sneaky help to General Motors' EV ambitions is because the administration's tariff policy has a very limited impact on Cadillac. The brand is almost entirely produced in the U.S., with the exception of the Optiq that is produced in Mexico.

Tariffs Cloud General Motors' Outlook As Annual Profits Remain At Risk

General Motors Company (NYSE:GM) is navigating a complex automotive landscape, contending with rising tariffs and significant capital expenditures, yet the company remains steadfast in its projection of $7.

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GM Truck Owners Still Waiting For Transmission Valve Body Control Module Fix

More GM truck owners are reaching out to GM Authority stating that they've been waiting weeks and possibly even months for a fix, with no clear timeframe.

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General Motors’ EV sales rose 111%, reflecting an industry-wide push to beat Trump’s tax credit deadline

Despite a decrease in overall sales for the year, EVs are shining bright in the lead-up to September’s consumer credit deadline.