Honda Signals Profit Drop
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General Motors (GM) saw solid Q1 earnings, but cuts guidance due to tariffs. Share buybacks and strong cash flow generation potential provide optimism. See more.
General Motors announces a drop in net income for the first quarter of this year and suspends its 2025 forecast, citing uncertainty related to tariffs.
General Motors has lowered its 2025 profit forecast, anticipating up to $5 billion in tariff-related costs. The company plans to offset the impact by boosting U.S. production and tightening spending.
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GM: Tariffs could cut $5B from profitsAmerican automaker General Motors (GM) said Thursday that President Trump’s tariffs could cut as much as $5 billion from its profits this year. In a letter to investors, GM CEO and Chair Mary Barra said her company has “had continual discussions with ...
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 Co. took an axe to its full-year guidance on Thursday, with the automaker saying it now expects tariffs to cost up to $5 billion. The updated outlook comes after GM GM pushed back ...
The automaker faces uncertainties in the upcoming fiscal year as it works to lessen the impact of U.S. tariffs and potentially higher supply chain costs.
Though the company is a reliable profit generator ... Share buybacks also become more valuable as the share count declines. Historically, GM had a rewarding track record of buying back stock.
Toyota Motor forecast a 21% profit decline for the current financial year on Thursday, as the strain from US President Donald Trump’s tariffs and an appreciating yen take some of the shine off ...