Despite a decrease in overall sales for the year, EVs are shining bright in the lead-up to September’s consumer credit deadline.

General Motors (NYSE:GM) reported adjusted EPS of $2.53, topping analysts' $2.45 estimate, but revenue declined 1.8% year?on?year to $47.12 billion. The sales drop in key North American and China markets raised questions about demand resilience.

General Motors’ Q2 profit fell 32% to $3bn due to a $1.1bn tariff hit from Trump’s trade policies, with the carmaker warning of deeper losses in the next quarter.

GM’s stock dropped more than 7% after carmaker reported$1.1 billion in tariff costs in the second quarter, despite mitigation efforts.

General Motors has revealed that tariffs imposed by Donald Trump’s administration sliced an eye-watering $1.1 billion from its second-quarter profits, causing a 3% dip in its stock price. That throbbing hit knocked GM’s operating earnings down by nearly a third compared to the same time last year, the published numbers revealed.

General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.

GM stock value fell sharply on Tuesday following the release of the automaker's Q2 2025 earnings report, revealing a hefty 35.4-percent decline in net income.

General Motors posted revenues of $47.12 billion, down 2% year-on-year, but significantly higher than Street expectations of $45.84 billion.

General Motors (NYSE:GM) faces tariff pressures despite solid mitigation efforts, impacting profits and shares. Learn how trade risks shape GM's outlook.

GM Q2 earnings report shows a $1.1 billion hit from tariffs as the automaker leaned on full-size truck and SUVs to limit exposure to their impact. 2025 GMC Q2 earnings GM CEO Mary Barra’s letter to shareholders highlights their vehicles appeal to consumers,

General Motors has beaten analyst estimates for both earnings per share and revenue in more than 10 straight quarters. Will the streak continue?