News

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 ...
GM Profit Shrinks After $1.1 Billion Tariff Hit
General Motors’ net income shrank 35% in the second quarter despite strong sales gains.
GM quarterly profit slumps 35%, but it sticks by full year outlook lowered in May
General Motors' profit and revenue declined in its second-quarter but the automaker's results managed to easily top Wall ...
GM & Stellantis Hit by Trump Tariffs, Q2 Profit Tumbles
General Motors and Stellantis, two pillars of the U.S. automotive industry, are grappling with escalating costs and shrinking ...
Morgan Stanley Bluntly Asks GM CEO: How Does It Plan To Profit From EVs When Tesla Struggles?
In light of these headwinds, Morgan Stanley analyst Adam Jonas asked GM boss Mary Barra how GM can expect to build and sell its EVs profitably, without the company following Tesla with massive AI and ...
Cyprus Mail on MSN3h
Tariffs slash GM profits, but strong truck and SUV sales cushion the blow
General Motors’ (GM.N) second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst expectations for the period, supported by strong sales of its core gasoline ...
Wall Street Journal15d
GM Stock Rallies After Earnings Beat Propelled by Gas-Powered Vehicles
General Motors (GM) shares were up about 9% Tuesday afternoon after the Detroit automaker delivered third-quarter earnings per share that surged past investor expectations. Even as the auto ...