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Tech giants show earnings strength despite tariff uncertainty as Alphabet, SK Hynix, and Infosys deliver upbeat guidance amid ...
Wall Street analysts predict lower second-quarter profits for Ford, GM and Stellantis due to tariff pressures and slowing ...
8h
Al Jazeera on MSNAutomakers brace for profit hits as tariffs trigger price hikes
Last month Volvo also said that tariffs will cost it $1.2bn in the second quarter. Ford then announced it expects a reduced ...
Bottom Line Ford faces a $1.5 billion tariff hit in 2025, less severe than GM’s $4 billion to $5 billion, thanks to its 80% domestic production.
6d
Asianet Newsable on MSNGM To Buy Batteries From CATL For Next-Gen Bolt EVs Despite Trump Tariff: Report
GM stopped production of its previous generation of Bolt vehicles in December 2023. The vehicles were known for their low ...
GM (GM) absorbed a $1.1 billion tariff hit in Q2 yet still topped profit estimates, lifted by robust pricing and demand for its core gasoline trucks and SUVs. Revenue slipped nearly 2% to about ...
5d
Just Auto on MSNGM to import CATL batteries for Bolt EV amid tariff constraints – report
GM has reportedly outlined plans to import batteries from China's CATL for its forthcoming Chevrolet Bolt EV model.
Shares in GM tumbled 8% after second-quarter adjusted net profit fell by a sixth, owing in part to a $1.1 billion hit from the Trump administration’s tariffs. It comes after fellow Detroit ...
Japan’s Toyota Motor said Thursday that it expected a profit hit of nearly $10 billion from President Donald Trump’s tariffs on cars imported into the United States, the highest such estimate yet by ...
Shares in GM tumbled 8% after second-quarter adjusted net profit fell by a sixth, owing in part to a $1.1 billion hit from the Trump administration’s tariffs.
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