GM pulls forecast amid tariff chaos, freezes stock buybacks
General Motors has pulled its 2025 profit forecast, which indicated solid profit growth, and paused US$4bn in stock buybacks amid trade war fears. The automaker highlighted potential financial impacts from President Trump’s 25% tariffs on imported vehicles and parts, which could raise new car sticker prices by thousands of dollars.
Subscribe to Automotive World to continue readingSign up now and gain unlimited access to our news, analysis, data, and research
Subscribe
Already a member? Log in here
LoginAP by OMG
Asian-Promotions.com |
Buy More, Pay Less | Anywhere in Asia
Shop Smarter on AP Today | FREE Product Samples, Latest
Discounts, Deals, Coupon Codes & Promotions | Direct Brand Updates every
second | Every Shopper’s Dream!
Asian-Promotions.com or AP lets you buy more and pay less
anywhere in Asia. Shop Smarter on AP Today. Sign-up for FREE Product Samples,
Latest Discounts, Deals, Coupon Codes & Promotions. With Direct Brand
Updates every second, AP is Every Shopper’s Dream come true! Stretch your
dollar now with AP. Start saving today!
Originally posted on: https://www.automotiveworld.com/news/gm-pulls-forecast-amid-tariff-chaos-freezes-stock-buybacks/