General Motors, Q2 and tariff
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Despite a decrease in overall sales for the year, EVs are shining bright in the lead-up to September’s consumer credit deadline.
General Motors Co (GM) reports robust financial performance with record North American revenue and strategic investments, despite facing significant tariff impacts and EV market challenges.
General Motors has revealed that tariffs imposed by Donald Trump’s administration sliced an eye-watering $1.1 billion from its second-quarter profits, causing a 3% dip in its stock price. That throbbing hit knocked GM’s operating earnings down by nearly a third compared to the same time last year, the published numbers revealed.
GM stock value fell sharply on Tuesday following the release of the automaker's Q2 2025 earnings report, revealing a hefty 35.4-percent decline in net income.
GM tops Q2 earnings estimates on strength in North America and International units, despite lower Y/Y revenues and profits.
DETROIT (AP) — DETROIT (AP) — General Motors Company (GM) on Tuesday reported second-quarter earnings of $1.9 billion. On a per-share basis, the Detroit-based company said it had profit of $1.91. Earnings, adjusted for non-recurring costs, came to $2.53 per share.
Today's pullback has put GM into the red for 2025, down 6.7%, and on track for its lowest close in nearly a month. Should these losses hold, General Motors stock will be on pace to log its worst daily drop since March 27.
General Motors (NYSE:GM) reported adjusted EPS of $2.53, topping analysts' $2.45 estimate, but revenue declined 1.8% year?on?year to $47.12 billion. The sales drop in key North American and China markets raised questions about demand resilience.
General Motors has beaten analyst estimates for both earnings per share and revenue in more than 10 straight quarters. Will the streak continue?