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 reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?