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Factors include declining U.S. cattle herds, drought, a parasite in Mexico, and potential tariffs on imported lean beef.
Trade headwinds threaten to hit the bottom line by US$4 billion to US$5 billion in 2025, says GM. Read more at ...
President Trump said on Tuesday that the US and Japan had reached a trade deal. “We just completed a massive Deal with Japan, perhaps the largest Deal ever made," Trump wrote in a Truth Social post.
BENGALURU] General Motors’ (GM) second-quarter earnings took a US$1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday (Jul 22), supported by ...
Detroit Axle cites disruptions in its supply chain resulting from changes in U.S. import tariff policy when announcing the ...
Tourism to La Plata County, including international travel, is on the decline, according to the city of Durango. Based on ...
General Motors' second-quarter earnings took a $1.1-billion hit from tariffs, but the automaker still beat analyst ...
General Motors Co.'s stock fell more than 7% on Tuesday after the carmaker's better-than-expected quarterly results were no match for worries about continued tariff impacts and demand, along with $1.1 ...
Analysts said GM may need to cut investment in future projects or find other ways to trim spending to offset the effect of tariffs.
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall ...
The American auto manufacturer’s net income fell by 35%, the company said in its second quarter earnings call.