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Major brands announce consumer price increases, as General Motors pulls its 2025 forecast due to tariff changes.
General Motors and Ford say consumers shouldn’t expect immediate price hikes on cars, even as the companies brace for the ...
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Soy Aire on MSNGM warns of impact from Trump's tariffs on automotive industryGeneral Motors has issued a critical warning about the potential impact of President Donald Trump's tariffs on its business.
4h
ABP News on MSNTariff Impact Reaches US Consumers As Car Prices Rise Sharply In AprilThe increase comes as automakers navigate a new landscape shaped by 25 per cent tariffs on vehicle imports from key trade ...
GM previously predicted 2025 adjusted EBIT between $13.7 ... that Trump's tariff relief will mean "significant and beneficial ...
General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and a reprieve from the White House this ...
The automaker expects to notch an annual adjusted core profit between $10 billion and $12.5 billion, including a current ...
Barra, Jacobson say self-help initiatives, including more US production and shifting expenses, will offset 30% of tariff cost ...
GM’s updated guidance comes two days after the carmaker reported quarterly earnings in which profit and revenue topped ...
Auto stocks, led by Tesla, charged higher as the US and China reached a temporary trade reprieve. Although the auto sector ...
GM previously predicted 2025 adjusted EBIT between $13.7 billion and $15.7 billion, but those estimates did not factor in Trump's 25% tariffs on automobiles and auto parts, the latter of which ...
To help mitigate tariff impact, GM is working with suppliers to further increase their U.S. content for higher levels of compliance with the USMCA trade agreement, Barra told analysts. The ...
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