General Motors (GM) on Tuesday posted second-quarter results that topped analysts' estimates, but warned it could face a bigger headwind from tariffs in the second half of the year.
General Motors saw profit fall in the second quarter as President Donald Trump's tariffs on foreign-made vehicles and parts chopped $1.1 billion from adjusted earnings. Craig Trudell reports on Bloomberg Television.
CNBC's Phil LeBeau reports on the company's quarterly results.
General Motors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging tariff policies, which it said sapped $1.1 billion from the results.
General Motors is set to report its second-quarter earnings before the bell Tuesday. Wall Street analysts expect adjusted earnings per share of $2.44 and revenue of $46.4 billion.
Tesla (TSLA 3.13%) took over the U.S. electric vehicle (EV) market in impressive fashion. It went from an intriguing Roadster story to a full-fledged automotive company that's generated bottom-line income -- a rarity for pure-play EV companies these days.
The heart of the Q2 earnings season will progress next week, with several notable companies set to report their quarterly results, including General Motors GM and Coca-Cola KO.
General Motors tackles steep tariff challenges with targeted U.S. plant shifts and a $4 billion investment playbook. Behind the scenes, GM is pushing hard on the vertical integration of its EV supply chain. In this article, we unpack together why GM's sales release was so strong and what to expect from the upcoming earnings release.
Beyond analysts' top-and-bottom-line estimates for General Motors (GM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2025.
General Motors said it will move production of the Cadillac Escalade to an assembly plant in Michigan. The automaker will also expand manufacturing of the Chevrolet Silverado and GMC Sierra light duty pickups at Orion Assembly.
General Motors said on Tuesday it is expanding production of its gas-powered SUVs and trucks, and will move its Cadillac Escalade to a Michigan assembly plant, while adding new capacity for Chevrolet Silverado and GMC Sierra light duty pickups at the same facility.
GM's Ultium Cells JV with LGES is set to upgrade its Spring Hill plant to produce lower-cost LFP EV batteries by 2027.