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General Motors Co. said it suffered a $1.1 billion profit hit from Donald Trump’s tariffs and revealed no plan for a near-term fix to return to pre-tariff profit levels.

GM (GM) absorbed a $1.1 billion tariff hit in Q2 yet still topped profit estimates, lifted by robust pricing and demand for its core gasoline trucks and SUVs. Revenue slipped nearly 2% to about ...

Wall Street analysts predict lower second-quarter profits for Ford, GM and Stellantis due to tariff pressures and slowing sales.

Jeep and Ram owner Stellantis became the latest automaker to forecast a heavy hit from Trump's tariffs on imported vehicles ...

GM has reportedly outlined plans to import batteries from China's CATL for its forthcoming Chevrolet Bolt EV model.

General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.

General Motors plans to import batteries from China to power its second-generation Chevrolet Bolt electric vehicle, despite ...

GM saw net income fall to about $1.9 billion last quarter, it announced on Tuesday, down from $2.9 billion a year earlier. The automaker noted the effect of tariffs, “reflecting minimal ...

GM’s rival Stellantis, which owns Jeep and Ram Trucks among other brands, announced on Monday $2.7 billion in net losses for the first half of the year as North American sales continued to slump.

It took a $1.1 billion tariff hit in the last quarter, which is on target with expectations. GM sales in China are ticking upward.

Chief Financial Officer Paul Jacobson told investors Tuesday: "This decline was primarily driven by a net tariff impact of $1.1 billion in the quarter." GM leaders had warned that pain from tariffs ...