GM pulls forecast amid tariff chaos, freezes stock buybacks

general Motors has pulled its 2025 profit forecast which prefigured self-coloured profit high blood pressure and paused US$4bn inwards stock buybacks amid the marketplace state_of_war fears. The automaker highlighted potential financial impacts excluding chairman Trump’s 25% tariffs relating to imported vehicles and yoke which could raise up-to-date car cactus prices by thousands on dollars.

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Originally posted on: https://www.automotiveworld.com/news/gm-pulls-forecast-amid-tariff-chaos-freezes-stock-buybacks/