GM pulls forecast due to tariffs as nervous consumers rush to buy

Why is UPS cutting 20,000 jobs this year? How are Trump's tariffs impacting automakers? What caused Amazon to scrap tariff price displays? Why did General Motors withdraw its profit forecast? How did Canadian election results affect US trade ties? What triggered the major power outage in Spain and Portugal? Why is consumer confidence at a multi-year low in the US? How is Meta competing with ChatGPT in AI? What is driving the surge in military spending globally?

GM pulls forecast due to tariffs as nervous consumers rush to buy

theglobeandmail.com/business/international-business/article-gm-pulls-forecast-due-to-tariffs-as-nervous-consumers-rush-to-buy

General Motors GM-N has pulled its forecast for the year, reflecting the uncertain effects of U.S. President Donald Trump’s global trade war on the industry, even as it reported strong quarterly results.
The Detroit automaker forecast in January net income between $11.2-billion to…

This story appeared on theglobeandmail.com, 2025-04-29 10:50:35.