GM – General Motors Company

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General Motors Company (GM) is a global automotive manufacturer headquartered in Detroit, Michigan. Founded in 1908, GM designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide. The company operates through several segments, including GM North America, GM International, Cruise, and GM Financial. GM’s business model focuses on mass production of vehicles under well-known brands such as Chevrolet, Buick, GMC, and Cadillac. A significant and innovative aspect of GM’s current strategy is its aggressive push into the electric vehicle (EV) market, with substantial investments in battery technology and autonomous driving through its Cruise subsidiary. This positions GM as a major player in the evolving automotive industry, aiming for a future of zero crashes, zero emissions, and zero congestion. Investors interested in stocks, investment, news on GM, and analysis of GM should keep a close eye on market trends and GM’s advancements in EV technology.

General Motors Lowers Profit Forecast Amid Tariff Uncertainty
GM

General Motors Lowers Profit Forecast Amid Tariff Uncertainty

by | 01/05/2025 04:00 AM | GM

📉 General Motors reduced its full-year earnings forecast just days after suspending guidance, citing exposure to potential automotive tariffs.

💸 The company anticipates a significant impact from tariffs, estimated between $4 billion and $5 billion, imposed by President Trump.

📊 GM now expects earnings before interest and taxes (EBIT) to be between $10 billion and $12.5 billion, down from the initial forecast of up to $15.7 billion.

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