1st LD Writethru: GM net profit slumps over 35 percent amid tariff impact in Q2


By Xu Jing
  • World
  • Wednesday, 23 Jul 2025

NEW YORK, July 22 (Xinhua) -- The net profit attributable to stockholders of General Motors (GM) slumped 35.4 percent to over 1.89 billion U.S. dollars in the second quarter of 2025, as tariffs cost the U.S. automaker 1.1 billion dollars in the quarter.

GM's revenue in the second quarter declined 1.8 percent year on year to 47.12 billion dollars, still topping the market's estimate of 45.84 billion dollars, according to the second quarter performance report released by GM on Tuesday.

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