Car makers are feeling tariff pain: GM is the 2nd company to take a hit to profits
- Posted on July 22, 2025
- By NPR
- 3 Views
Car makers are feeling tariff pain: GM is the 2nd company to take a hit to profits
The American automaker reported that tariffs cost them $1.1 billion and reduced the company's profit margin from 9% to 6.1%.
