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The automaker faces uncertainties in the upcoming fiscal year as it works to lessen the impact of U.S. tariffs and ...
1d
Just Auto on MSNHonda braces for $3bn tariff impact on profitsHonda Motor anticipates a substantial Y450bn ($3bn) impact on its full-year profit as a result of US President Donald Trump's ...
The Trump administration imposed a 25 percent tariffs on imported cars this month and has said it will impose a 25 percent ...
The Detroit automaker’s net income slid 6.6% in the first quarter on weaker sales of highly profitable trucks and SUVs.
The automaker suspends its 2025 forecast, citing uncertainty related to tariffs. General Motors recorded a 6.6-percent drop in net profit in the first quarter of 2025. The auto giant also ...
13d
ABP News on MSNTrump Tariff Uncertainty Hits U.S. Giants As McDonald’s Sales Slide, General Motors Slashes Profit ForecastMcDonald's and General Motors are experiencing a decline in sales and profits due to uncertainty around the tariff policy by ...
GM's balance sheet and liquidity were strong at the end of 2024, apart from $8.7 billion in underfunded pension and other postemployment benefit obligations, an improvement from $30.8 billion at ...
General Motors is shelving its earlier profit guidance for 2025 ... Jacobson attributed some of the earnings decline to an unusually strong first quarter in 2024, a period in which GM’s ...
As far as the numbers, GM reported a 6.6% decline in its first quarter net ... Specifically in North America, its pretax profit decreased by 14% to $3.3 billion, even though Trump’s tariffs ...
The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for ...
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