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General Motors, GM Profit and Tariff Hit

General Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling

GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation efforts.

The Wall Street Journal on MSN · 2d

GM Profit Shrinks After $1.1 Billion Tariff Hit

General Motors said Tuesday that new tariffs on imported cars and auto parts took a $1.1 billion bite out of its bottom line. The company reported net income shrank 35% in the second quarter as President Trump’s automotive tariffs weighed on the company.

Detroit Free Press on MSN · 2d

General Motors' Q2 profits drop $1.1B after taking tariff hit

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

StockStory.org on MSN3d

Why General Motors (GM) Shares Are Sliding Today

What Happened? Shares of automotive manufacturer General Motors (NYSE:GM) fell 7.3% in the morning session after the company ...

59mon MSN

What Caused GM's Dramatic 35% Drop in Net Income?

The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...

Stock market today: S&P 500 ekes out new record amid wave of earnings, trade updates

US stocks closed mixed Tuesday, but the benchmark S&P 500 (^GSPC) was able to eke out a new record as Wall Street digested a new batch of earnings, including a tariff warning from General Motors (GM), ...

Nasdaq10mon

General Motors (GM) Laps the Stock Market: Here's Why

The most recent trading session ended with General Motors (GM) standing at $47.52, reflecting a +1.39% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which ...

4don MSN

General Motors Q2 2025 Earnings Preview: Earnings set to decline as tariff uncertainty looms

General Motors ( NYSE: GM) is scheduled to announce Q2 earnings results on Tuesday, July 22nd, before market open. Wall ...

Wall Street ticks up to another record as GM and others show how tariffs are impacting them

General Motors and other U.S. companies give updates on how much President Trump’s tariffs are impacting them.

Nasdaq10mon

General Motors (GM) Stock Sinks As Market Gains: Here's Why

The latest trading session saw General Motors (GM) ending at $48.04, denoting a -1.72% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.28%.

Seeking Alpha5mon

General Motors: An Utter And Complete Bargain (NYSE:GM)

General Motors beat Q4 estimates, showing strong EV sales growth and market share gains. Read why GM stock is an attractive investment option in the US auto-market.

These Analysts Revise Their Forecasts On General Motors After Q2 Results

General Motors affirms FY25 adjusted earnings per share guidance of $8.25-$10.00 versus $9.17 analyst estimate. General ...

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