Mary Barra speaks onstage during WSJ’s Future of Everything 2025 at The Glasshouse on May 28, 2025 in New York City. <\/p>\n
Dia Dipasupil | Getty Images<\/p>\n
General Motors<\/a> is set to report second-quarter earnings before the bell Tuesday, as investors watch for how President Donald Trump<\/a>‘s auto tariffs<\/a> will affect the automaker’s results and for any updates to full-year guidance.<\/p>\n While automakers have been hoping for relief on tariffs<\/a>, Trump’s 25% levies on imported vehicles<\/a>\u00a0and many auto parts remain in effect.<\/p>\n Amid the uncertainty, GM is trying to counter tariff risks. Last month, the company announced it will invest $4 billion<\/a> in several American plants, including moving or increasing production of two Mexican-produced vehicles to U.S. plants. The company also said last week it will move production<\/a> of a gas-powered SUV and add manufacturing of pickup trucks to its home state of Michigan.<\/p>\n While GM said in May that it still believes it can mitigate at least 30% of its expected cost increases due to tariffs, it also lowered<\/a> its 2025 earnings guidance to include a possible $4 billion to $5 billion impact from auto tariffs. The company said in the spring that its guidance took into account changes<\/a> the Trump administration made to tariffs, which include reimbursing automakers for some U.S. parts and reducing\u00a0the “stacking” of tariffs on one another for the industry.<\/p>\n GM CEO Mary Barra<\/a> declined to say at the time whether the company planned to raise vehicle prices because of the tariffs.<\/p>\n Here is what Wall Street is expecting, according to average estimates compiled by LSEG:<\/p>\n Those results would mark a 3.3% decrease in revenue compared with a year earlier and a 20.3% decline in adjusted earnings per share. GM’s second quarter of 2024<\/a> included $47.97 billion in revenue, net income attributable to stockholders of $2.93 billion and adjusted earnings before interest and taxes of $4.44 billion.<\/p>\n The company’s full-year guidance, which it modified in May due to tariffs, includes adjusted earnings before interest and taxes of between $10 billion and $12.5 billion, down from its former guidance, which did not take tariffs into account, of $13.7 billion to $15.7 billion.<\/p>\n GM’s yearly outlook also includes net income attributable to stockholders of $8.2 billion to $10.1 billion, down from $11.2 billion to $12.5 billion, and adjusted automotive free cash flow between $7.5 billion and $10 billion, down from between $11 billion and $13 billion.\u00a0<\/p>\n Investors will also be listening on Tuesday for commentary on GM’s commitment to electric vehicles.<\/p>\n Trump’s new tax-and-spending bill, which he signed into law on July 4, is set to end<\/a> the $7,500 tax credit for new electric vehicles and $4,000 credit for used EVs after Sept. 30.<\/p>\n As a result of ending the tax credits, a Barclays research note last week predicted a slower introduction of EV models across the auto industry, while a Deutsche Bank note anticipated a pull-forward of EV sales for automakers in the third quarter.<\/p>\n While GM initially set a goal to exclusively offer EVs<\/a> by 2035, it has since said that consumer demand<\/a>, which has been slower than expected, will dictate its EV plans.<\/p>\n GM’s stock remains rated overweight with a price target of $56 per share, according to average estimates compiled by FactSet.<\/p>\n This is developing news. Please refresh for additional updates.<\/strong><\/p>\n Don\u2019t miss these insights from CNBC PRO<\/p>\n","protected":false},"excerpt":{"rendered":"Mary Barra speaks onstage during WSJ’s Future of Everything 2025 at The Glasshouse on May 28, 2025 in…\n","protected":false},"author":3,"featured_media":82915,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[6147,9167,47299,64,81,6795,77,69,13656,9233,56465,522,67,132,68],"class_list":{"0":"post-82914","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-autos","9":"tag-breaking-news-business","10":"tag-breaking-news-earnings","11":"tag-business","12":"tag-business-news","13":"tag-dividends","14":"tag-donald-j-trump","15":"tag-donald-trump","16":"tag-earnings","17":"tag-general-motors-co","18":"tag-mary-barra","19":"tag-transportation","20":"tag-united-states","21":"tag-unitedstates","22":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114896366609825414","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/82914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=82914"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/82914\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/82915"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=82914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=82914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=82914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n