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News in English (USA) / 29.04.2025 / 16:00

General Motors Faces Challenges Amid Strong Q1 Results and Tariff Uncertainty

General Motors (GM) has reported strong earnings for the first quarter, surpassing Wall Street estimates with a revenue increase of 2.3% to $44.02 billion. Despite this positive performance, the automaker has suspended its profit guidance and frozen share buybacks due to the ongoing impact of Trump tariffs. GM explained that significant tariff-related uncertainties are prompting a reassessment of its outlook for 2025. While the company enjoyed a successful quarter, it has acknowledged that trade policies are clouding future forecasts, leading to increased caution among consumers and potential changes in buying behavior.
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