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Tag Archives: Trump tariff pandemic
GM 2025 Guidance – Trump Tariff Exposure $4-5 Billion!
General Motors (NYSE: GM) this morning issued its 2025 full year earnings guidance after a delay earlier this week caused by the ongoing chaos of the Trump tariff pandemic. While the goals and rhetoric of the current mis-administration continue to fluctuate wildly behind a non-transparent word barrage of lies, false facts, and ignorant assertions, General Motors remains focused and amazingly consistent in stating its goals and steps taken to achieve them given the growing Trump disease infested swamp in Washington.
“We are updating our full-year EBIT-adjusted guidance to a range of $10 billion – $12.5 billion, including a current tariff exposure of $4 billion – $5 billion,” said GM Chair and CEO Mary Barra. “We look forward to maintaining our strong dialogue with the Administration on trade and other policies as they continue to evolve. As you know, there are ongoing discussions with key trade partners that may also have an impact. We will continue to be nimble and disciplined and update you as we know more.” Continue reading →
Posted in alternative fuels, auto news, AutoInformed Editorial, economy, electric vehicles, financial results, global warming, labor issues, manufacturing, mobility company, news analysis, shows and events, transportation, Trump Truth Tests
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Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, china, EV profitability, GM Chair and CEO Mary Barra, Ken Zino, Trump tariff pandemic, X @KenAutoinformed
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Magna International Posts Q1 2025 Results
“Our operating results for the first quarter of 2025 exceeded our expectations, with strong incremental margins on better than anticipated vehicle production and, for the balance of the year, we remain confident in our ability to execute on variables within our control in a complex and uncertain industry environment. We are actively advancing several initiatives including operational excellence, restructuring, commercial recoveries, and reduced capital and engineering spending to mitigate the impact of tariffs,” said Swamy Kotagiri, Magna’s Chief Executive Officer. We remain focused on generating long-term free cash flow to invest for profitable growth and drive compelling capital return to shareholders.” Continue reading →