In a letter to shareholders, GM CEO Mary Barra emphasized the $4 billion investment in U.S. manufacturing GM announced in the quarter, a change that adds 300,000 units of capacity for profitable ...

Pivoting to General Motors, which reported Q2 results last Tuesday, the company was hit with $1.1 billion in tarriffs, although Q2 EPS of $2.53 comfortably exceeded expectations of $2.39 by 6% but ...

Net income of $1.89 billion, compared with the prior year’s second quarter of $2.93 billion. Total revenues of $47.1 billion, down 1.8% compared with $47.97 billion in second-quarter 2024.

General Motors said on Tuesday that its profit in the second quarter fell by more than a third, after President Trump’s tariffs cost the company more than $1 billion. G.M. was the second ...

Barra highlighted $4 billion of new investment in GM’s US assembly plants to add 300,000 units of capacity for high margin light-duty pickups, full-size SUVs and crossovers.

Earnings Results General Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling GM’s stock is the worst S&P 500 performer on Tuesday By Steve Gelsi Follow and Claudia Assis ...

General Motors Company slumped in Tuesday’s premarket session after reporting a sharp drop in adjusted EBIT margins to 6.4% and a whopping $1.1 billion tariff headwind. The auto behemoth ...

Adjusted EBIT was $3.04 billion (down $1.4 billion year-over-year), topping analyst expectations of $2.84 billion. Earnings per share were $2.53, also ahead of the consensus estimate of $2.34.