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The automaker also cited cost pressures tied to inflation and the manufacturing expenses related to onshoring more production to the U.S. for the decline in Q2 profit.
Revenue climbed 1.9% year-on-year, while adjusted EBIT grew 29.8% to $3.94bn, pushing the adjusted EBIT margin up to 8.2% from 6.4%.
After a fraught relationship during the president’s first term, GM’s latest pivots are boosting revenue.
General Motors Co (GM) reports robust earnings with increased EBIT margins and raised guidance, despite facing EV restructuring charges and market share declines.
MEXICO CITY, July 21 (Reuters) - U. and Mexican trade negotiators launched a third round of bilateral talks on Tuesday to try to revise the North American trade agreement, just as President Donald Trump said he would impose new duties on Canada.
Consumer stocks were mixed late Tuesday afternoon, with the State Street Consumer Staples Select Sec
Consumer stocks were mixed Tuesday afternoon, with the State Street Consumer Staples Select Sector S
Strong quarter gives automaker confidence to lift guidance again
General Motors raised its full-year profit forecast by another $500 million after beating second-quarter earnings estimates, powered by stronger margins on its largest vehicles and lower tariff costs. Bloomberg's David Welch joins to discuss.
Find insight on GM, European airlines, Indian auto parts makers and more in the latest Market Talks covering the auto and transport sector.
The union that represents some 4,600 autoworkers, will start negotiations with GM next month. Here is what's at stake.
GM's CFO claims the automaker's first-half performance beats most of its full years on record, yet the stock still prices in almost nothing for what comes next. Here is why value investors are paying close attention.
All three major US stock indexes were up in late-morning trading Tuesday, as investors focused on so
GPC's Q2 earnings beat reflects broad sales growth, led by industrial strength, while the company maintains its 2026 adjusted earnings view.
GM, MMM, NVS, NOC, HAS and DHI all outperformed expectations on their quarterly reports this morning.
The Trump administration has imposed a 50% tariff on certain Canadian goods, which includes imports previously protected under the United States-Mexico-Canada Agreement (USMCA). Winthrop Capital CIO Adam Cooné is joined by Yahoo Finance Senior Reporters Brooke DiPalma and Ines Ferre in gauging the muted market reaction to these new trade policies, how the US consumer is faring, and what earnings from General Motors (GM) may indicate about consumer health.
Tesla sits dead last among the Magnificent 7 in 2026, weighed down by inventory creep, collapsing energy revenue, and a valuation that makes even bulls sweat. But Q2 earnings could rewrite the narrative entirely, and prediction markets are already placing their bets.
GM's Q2 earnings beat estimates as strong pricing, lower costs and disciplined incentives drive margin gains and a higher 2026 outlook.
General Motors (NYSE:GM) raised its full-year 2026 guidance for the second time this year after reporting higher second-quarter revenue, adjusted earnings and free cash flow, with management citing steady North American demand, disciplined pricing, lower warranty costs and reduced electric vehicle l
General Motors (GM) raised its 2026 outlook by $500 million, thanks in part to better margins and lower tariffs. Morning Brief host Julie Hyman discusses more with Yahoo Finance Breaking Business News Reporter Jake Conley and Payne Capital Management president Ryan Payne.
A major customer satisfaction survey just ranked every luxury car brand in America, and one storied nameplate finished so far behind the rest that its parent company faces a question it may not want to answer.
General Motors Company (NYSE:GM) on Tuesday raised its full-year 2026 profit forecast after posting stronger-than-expected second-quarter results, even as one-time charges tied to its electric vehicle realignment weighed on net income. The Detroit automaker reported adjusted earnings per...
General Motors (GM) lifted its full-year earnings outlook on Tuesday as the automaker recorded an un
Earnings optimism supports pre-market gainsU. S.
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