Business

GM Cuts 2025 Profit Outlook Amid $5 Billion Tariff Impact, CEO Barra Responds

General Motors Adjusts Earnings Forecast Due to Tariffs

General Motors has revised its 2025 earnings guidance downward, attributing the adjustment to potential impacts from newly announced US tariffs, which could expose the company to up to $5 billion in costs.

The automaker now anticipates its EBIT-adjusted profit to range between $10 billion and $12.5 billion, with net income expected to fall between $8.2 billion and $10.1 billion.

CEO Mary Barra's Statement

In a communication to shareholders, GM's CEO, Mary Barra, emphasized the company's commitment to adaptability and ongoing discussions with the Administration regarding trade policies. "We look forward to maintaining our strong dialogue with the Administration on trade and other policies as they continue to evolve," Barra stated, highlighting the dynamic nature of international trade discussions.