GM suffers massive losses in three months due to Trump tariffs

Azernews.Az

23 July 2025 20:50 (UTC+04:00)

In the second quarter, American automaker General Motors (GM) sold 1,539,000 vehicles worldwide, generating total revenue of $47.1 billion—2% less than in the same period last year. However, revenue for the first half of the year remained virtually flat, reaching $91.1 billion compared to $91 billion in 2024. Meanwhile, the company’s net profit in Q2 dropped sharply by 34% to $1.9 billion, Azernews reports.

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