The negative effect of tariffs can be assumed to increase during the current third quarter, according to GM.
The operating result for the second quarter fell to 3.0 billion dollars, a decline of 32 percent compared to the corresponding quarter last year. Vehicle sales fell by 6.6 percent to 974,000 units during the quarter.
GM simultaneously confirms its forecast of an operating result for the entire 2025 of 10-12.5 billion dollars, in line with the significantly reduced forecast from May. In January, before the Trump administration's tariff shock in April, the target was set at 15.7 billion in operating result.
The GM share – which is at an unchanged price compared to the turn of the year before the report – falls by just over 4 percent in futures trading before the stock market opening on Wall Street after the report.
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