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 ...
General Motors (NYSE: GM) just sounded a warning for the entire stock market. More importantly, it said that its guidance was no longer applicable due to tariffs and that it was suspending share buybacks.
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 ...
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 ...