GM forecasts 2025 core profit, including tariff hit
ReutersMay 1, 2025 10:31 AM
DETROIT, May 1 (Reuters) - General Motors GM.N offered a new 2025 forecast for core profit on Thursday after receiving some clarity and reprieve from the White House this week on automotive tariffs.
The automaker expects to notch an annual adjusted core profit between $10 billion and $12.5 billion, including a current tariff exposure of between $4 billion and $5 billion.
GM's previous guidance for earnings before interest and taxes was between $13.7 billion and $15.7 billion.
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