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Major brands announce consumer price increases, as General Motors pulls its 2025 forecast due to tariff changes.
General Motors is lowering its profit expectations for the year as the carmaker braces for a potential impact from auto ...
General Motors and Ford say consumers shouldn’t expect immediate price hikes on cars, even as the companies brace for the ...
Automakers are getting an idea of the real impact of new tariffs. In its updated guidance for 2025, GM expects a hit of as ...
The company projects an annual adjusted profit of $10-$12.5bn, accounting for $4-$5bn in potential tariff costs.
The increase comes as automakers navigate a new landscape shaped by 25 per cent tariffs on vehicle imports from key trade ...
Import Models GM, which imports vehicles from South Korea ... Stanley Black & Decker Inc., which makes power tools and lawn ...
Among U.S. companies that have disclosed financial projections so far, GM sees a US$5 billion hit this year, while Apple ...
GM will continue to invest in products and tailor production to the vehicles that consumers want. That includes vehicles with ...
Reduced profit expectations and a potential $5 billion hit from automotive tariffs will not affect Cadillac's Formula 1 debut ...
Reports claim Sergio Perez has signed for the team but Team Chief Executive Dan Towriss confirmed that driver contracts are ...