GM Slashes Forecast After Trump’s Tariffs Hit Hard
General Motors has cut its 2025 profit outlook by over 20%, citing a $4–$5 billion hit from Trump’s 25% auto tariffs. The company now expects $8.2–$10.1 billion in earnings, down from earlier projections.
Analysts warn of rising car prices—up to $10,000 more per vehicle—fueling a short-term buying rush. GM CEO Mary Barra remains hopeful Trump will ease up, but for now, uncertainty reigns in the auto industry.
Tariffs up. Costs up. Confidence down.
Read Full Article Here :- General Motors Projects Tariffs Could Inflict $5 Billion Financial Blow
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