General Motors Co
General Motors is set to report earnings before the bell. Here’s what Wall Street expects
GMC trucks are displayed at Hanlees Hilltop GMC in Richmond, California, on Jan. 28, 2025. Justin Sullivan | Getty Images DETROIT — General Motors is set to report its first-quarter earnings before the bell Tuesday, but investors are more likely to focus on the automaker’s 2025 guidance than on quarterly results amid President Donald Trump’s […]
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Earnings playbook: Apple and Meta highlight the busiest week of the season
The busiest week of the earnings season is here, as investors look to some of the biggest companies in the world for guidance on how the global trade could impact their bottom lines. More than 160 S & P 500 members are slated to report, including Apple, Meta Platforms and Microsoft. Around 180 companies have […]
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Trump considering exemption for automakers on some tariffs, White House says
People work on the production line of auto parts at a carmaker in Qingdao in east China’s Shandong province Saturday, March 1, 2025. Yu Fangping | Feature China | Future Publishing | Getty Images President Donald Trump is considering exemptions for automakers from some tariffs announced by his administration, the White House confirmed Wednesday to […]
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Corporate America shelled out millions for Trump’s inauguration. Now he’s upending many of their businesses
U.S. President Donald Trump delivers remarks at the Business Roundtable’s quarterly meeting at the Business Roundtable headquarters on March 11, 2025 in Washington, DC. Andrew Harnik | Getty Images America’s richest and most powerful companies shelled out millions to fund President Donald Trump’s inauguration festivities. Three months later, some may be asking whether the famously […]
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Trump wants automakers to move vehicle production to the U.S. It’s not that simple
Ford Motor Company’s electric F-150 Lightning on the production line at its Rouge Electric Vehicle Center in Dearborn, Michigan, on Sept. 8, 2022. Jeff Kowalsky | AFP | Getty Images DETROIT – When President Donald Trump hinted last week at a reprieve from 25% auto tariffs, he suggested it would be to allow automakers more […]
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U.S. vehicle supply is falling amid tariff fear-buying
Brand new KIA cars are displayed on the sales lot at Serramonte Kia on March 26, 2025 in Colma, California. Justin Sullivan | Getty Images DETROIT – Supplies of new and used vehicles for sale in the U.S. are declining rapidly as consumers flock to purchase cars and trucks ahead of potential price increases due […]
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Auto stocks rise as Trump says he wants to ‘help’ some car companies
U.S. President Donald Trump meets with El Salvador President Nayib Bukele (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., April 14, 2025. Kevin Lamarque | Reuters DETROIT — Shares of automakers jumped during midday trading Monday following President Donald Trump saying he’s looking to “help some of the car […]
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Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs more than 7,000 people and produces a variety of vehicles, including the Leaf EV and Rogue crossover. Michael Wayland / CNBC DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week […]
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GM cutting jobs, idling Canadian electric van plant due to ‘market demand’
Brightdrop EV600 van Source: Brightdrop DETROIT — General Motors is cutting production of its all-electric BrightDrop delivery vans at a plant in Canada and will idle the facility through much of this year. The plant will be reduced from two shifts to one shift — eliminating 500 jobs — after being idled beginning next month […]
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Stocks making the biggest moves midday: Capri, Janover, Harley-Davidson, CarMax, U.S. Steel and more
Check out the companies making headlines in midday trading: CarMax — The stock sank 20% after the used car retailer’s fiscal fourth-quarter earnings fell short of Wall Street’s expectations. Earnings came in at 58 cents per share, versus the 65 cents anticipated from analysts polled by LSEG. Harley-Davidson — The motorcycle stock dropped 12% after […]
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