General Motors CEO Mary Barra shared her expectations for auto tariffs and their potential impacts on the industry, including how the company plans to absorb the earnings impact.

General Motors and Ford say consumers shouldn’t expect immediate price hikes on cars, even as the companies brace for the financial hit from President Trump’s newly clarified tariffs on imported autos and parts.

The Trump administration’s tariffs on imported cars and auto parts will cost General Motors between $4 billion and $5 billion this year, as the nation’s largest automaker slashed its earnings projections.

General Motors on Thursday slashed its full-year forecast as its CEO Mary Barra warned of “a current tariff exposure of $4 billion [to] $5 billion.” The company, which owns brands including ...

GM executives said on an earnings call that the updated range accounted for Trump's 'little bit of help' on tariffs.

GM executives described various "levers" the carmarker can pull to offset some of the sting of the tariffs, and said the company should benefit from adjustments to the auto tariffs that Trump announced this week.

General Motors CEO Mary Barra estimated that Trump’s tariffs will cost the company between $4 and $5 million of revenue this year, in a letter sent to shareholders Thursday. The company has lowered its profit goal in response. This comes as Trump ...