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General Motors cut its 2025 profit forecast on Thursday after receiving some clarity and a reprieve from the White House this week on automotive tariffs.
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.
Top Stories General Motors names Sterling Anderson as new Chief Product Officer. Read More U.S. regulators investigate Tesla’s robotaxi launch amid FSD technology concerns. Read More Honda and Nissan report significant profit declines due to market pressures.
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.
The automaker suspends its 2025 forecast, citing uncertainty related to tariffs. General Motors recorded a 6.6-percent drop in net profit in the first quarter of 2025. The auto giant also ...
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.
(The Hill) – American 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 ...
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 ...
General Motors is cutting back on its production in Ontario. GM says its Oshawa assembly plant will return to a two-shift operation, citing expected reduced demand, and what it calls “the evolving trade environment.