General Motors lowered its 2025 financial guidance on Thursday, citing a $4 billion to $5 billion expected impact from Trump’s auto tariffs, according to CNBC. The auto giant lowered its 2025 adjusted earnings guidance to $10 billion to $12.5 billion to reflect the impact of Trump’s auto tariffs. GM expects to spend $500 million in the second quarter to repair nearly 600,000 recalled SUVs and trucks in the U.S. over engine problems. GM CEO Mary Barra said the company remains fundamentally strong as it adapts to new trade policies, strengthens its supply base, and advances EV profitability.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02General Motors lowered its 2025 financial guidance on Thursday,
00:05signing a $4 billion to $5 billion expected impact for Trump's auto tariffs, according to CNBC.
00:11The auto giant lowered its 2025 adjusted earnings guidance to $10 million to $12.5 billion to
00:16reflect the impact of Trump's auto tariffs. GM expects to spend $500 million in the second
00:20quarter to repair nearly 600,000 recalled SUVs and trucks in the U.S. over engine problems.
00:25GM CEO Mary Barra said the company remains fundamentally strong as it adapts to new
00:30trade policies, strengthens its supply base, and advances EV profitability.
00:34For all things money, visit Benzinga.com slash GSTV.