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6h
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.
Some big companies are reporting real financial pain from tariffs and economic uncertainty — but for others, business is ...
(CNN)– Tariffs on imported cars and auto parts are taking a toll on Volkswagen. Europe’s largest carmaker says it lost ...
When all is said and done, if we assume that this deal will provide a blueprint for global agreements in the future, a tariff ...
The U.S. has agreed to lower the tariff rate on Japan’s auto exports to 15%, and a group representing General Motors (GM), ...
South Korean battery firm LG Energy Solution (LGES) on Friday posted a 152 per cent rise in quarterly profit, driven by front ...
23h
GlobalData on MSNUK auto industry expresses cautious optimism on UK-India trade dealThere appears to be a mixture of reactions in the British automotive industry to the trade deal struck this week between the ...
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.
16hon MSN
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 ...
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