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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 ...
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.
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 ...
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.