The Detroit automaker’s net income slid 6.6% in the first quarter on weaker sales of highly profitable trucks and SUVs.

GM's net profit slid 6.6% to $2.7 billion. GM reported Q1 equity income from China at a $45 million profit, compared with a $106 million loss last year. A foreign exchange headwind of $300 million ...

This comes even before new tariffs on auto components comes into effect. Internationally, GM made a profit of $45 million in China, compared to a loss of $106 million a year earlier. The brand is ...

DETROIT, May 1 (Reuters) - General Motors (GM.N), opens new tab cut its 2025 profit forecast on Thursday after receiving some clarity and a reprieve from the White House this week on automotive ...

General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans ...

General Motors (GM) slashed its guidance Thursday as the biggest U.S. automaker warned new Trump administration auto tariffs will have a $4 billion to $5 billion impact on full-year profit.

DETROIT (Reuters) -General Motors cut its 2025 profit forecast on Thursday after ... about $2 billion on the more affordable vehicles GM imports from South Korea, where it makes entry-level ...

In January, GM projected an adjusted pretax profit in the range of $13.7 billion to $15.7 billion for 2025. The midpoint of the range would be roughly on par with last year’s result.

President Trump is expected to soften the impact of his automotive tariffs on Tuesday. He said automakers should not be ‘penalized’ if they can’t get car parts. Photo: Mandel Ngan/AFP/Getty ...