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As Gm Shifts To Suvs It Sees A Strong Jump In Profits | AutoTraffic
Tariffs slash GM profits, but strong truck and SUV sales cushion the blow
General Motors’ (GM.N) second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst expectations for the period, supported by strong sales of its core gasoline ...
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GM is already planning to cut EV production, including the all-new Chevy Bolt
Despite back-to-back record sales months, GM said on Thursday that it’s now planning to build fewer electric vehicles, including ...
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GM Profits Fall Thanks To EVs, Tariffs, Warranties
For Q2 2025, GM saw its profits diminish as EVs, tariffs, and warranties whittled away 34.5 percent of the company’s net income. It brought in $1.9 billion in net income, while at the same time ...
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GM temporarily cuts shifts at Detroit electric vehicle plant
General Motors Co. is slowing production of two electric SUVs at Detroit's Factory Zero plant amid lower-than-expected U.S. interest in battery-powered vehicles. The automaker confirmed Thursday that ...
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GM to pause Cadillac Lyriq and Vistiq output – Plant shifts halted amid slowdown
The automaker confirmed it plans shift shutdowns at assembly plants in Spring Hill, Tennessee; Kansas City, Kansas: and Ingersoll, Ontario.
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GM plans shift shutdowns at its Factory Zero EV plant in Detroit-Hamtramck
The move is temporary, and will help the company align production to match EV demand, a GM spokesman said. Production of the GMC Hummer EV and Cadillac Escalade IQ will be impacted, the company ...
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