On May 1, 2025, General Motors (GM) revised its 2025 profit forecast, anticipating a significant financial impact from newly imposed automotive tariffs. The company estimates a hit of $4 billion to $5 billion due to these tariffs. CEO Mary Barra informed shareholders that GM remains engaged in discussions with the Trump administration and other key trade partners regarding evolving trade policies.​

The revised forecast projects an annual adjusted core profit between $10 billion and $12.5 billion, down from the previously projected $13.7 billion to $15.7 billion. Additionally, GM lowered its expected annual net income to a range of $8.2 billion to $10.1 billion, compared to the earlier estimate of $11.2 billion to $12.5 billion. These adjustments reflect the impact of modifications recently made to the tariff policy by the Trump administration, which were not

Source: Reuters