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GM Pulls Profit Guidance, Citing ‘Significant’ Tariff Impact

General Motors reported a net profit of $2.7 billion for Q1, down 6.6% from last year's $2.9 billion, due to various challenges, including tariffs that will prompt a revision of profit guidance for 2025.
GM's equity income from China improved to a profit of $45 million this quarter compared to a $106 million loss last year, indicating improved business in that region.
The Detroit automaker stated that production issues and a $300 million foreign exchange headwind affected its earnings, along with higher operational costs.
CEO Mary Barra expressed gratitude for President Trump's support of the U.S. Automotive industry.

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abc12/WJRT

Center

GM posts strong first quarter results, will reassess 2025 due to tariffs

General Motors posted strong financial results for its first quarter on Tuesday, but says it will reassess its full-year financial outlook due to auto tariffs.

19 hours ago·Flint, United States

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Jalopnik

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Trump To Scale Back Auto Tariffs

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Zero Hedge

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GM Pulls Guidance And Pauses Buybacks Amidst "Tariff Uncertainty"

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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RTÉ

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GM pulls forecast due to tariffs as consumers rush to buy

General Motors has today pulled its annual forecast, reflecting the uncertain effects of US President Donald Trump's global trade war, even as it reported strong quarterly results.

19 hours ago·Ireland

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KAKE News

+15 Reposted by 15 other sources

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GM profits top estimates, but automaker reviewing outlook due to tariffs

General Motors reported a dip in first-quarter profits but topped estimates Tuesday as the automaker said it was reexamining its 2025 outlook in light of uncertainty over US tariffs.

22 hours ago

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Bloomberg

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JetBlue Withdraws Forecast on Economic Worries, Joining Rivals

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