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Cyprus Mail on MSNTariffs slash GM profits, but strong truck and SUV sales cushion the blowGeneral Motors' (GM.N) second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst ...
The tariffs weighed on GM's bottom line in its most important market, North America. North American pre-tax profit dropped 46 ...
President Donald Trump’s tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday. Sales in North America plunged 16% due primarily to U.S.
South Korean battery firm LG Energy Solution warned on Friday of a further slowdown in demand by early next year due to U.S.
(CNN)– Tariffs on imported cars and auto parts are taking a toll on Volkswagen. Europe’s largest carmaker says it lost ...
Some big companies are reporting real financial pain from tariffs and economic uncertainty — but for others, business is ...
When all is said and done, if we assume that this deal will provide a blueprint for global agreements in the future, a tariff ...
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In light of these headwinds, Morgan Stanley analyst Adam Jonas asked GM boss Mary Barra how GM can expect to build and sell its EVs profitably, without the company following Tesla with massive AI and ...
On July 25, South Korean automaker Kia revealed that it will adjust its U.S. business operations, cutting the incentives that automakers have been using to entice tariff-weary shoppers.
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Over the past few decades, Japan-based automaker Toyota has spent billions of dollars to expand its manufacturing and ...
The S&P 500 rising 0.4% to 6,387, notching its 13th record close of the year and likely securing a fifth consecutive all-time ...
Nearly a decade after the final Australian-made car rolled out of a factory in South Australia, many people remember that ...
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