Business

GM Faces $5 Billion Tariff Impact, Slashes 2025 Profit Outlook Amid Trade Uncertainties

General Motors Adjusts Earnings Forecast

In a surprising move, General Motors has revised its 2025 earnings guidance downward, attributing the adjustment to potential impacts from newly announced US tariffs. The company now anticipates EBIT-adjusted profits to range between $10 billion and $12.5 billion, with net income projected from $8.2 billion to $10.1 billion.

CEO Mary Barra's Statement

Mary Barra, GM's CEO, emphasized the company's commitment to adaptability and ongoing discussions with the Administration regarding trade policies. "We remain focused on maintaining a strong dialogue with the Administration on trade and other evolving policies. Our team is prepared to navigate these challenges with discipline," Barra stated in her communication to shareholders.