Similarly,
General motors confirms its 2025:
Keystone-SDA
The American automaker General Motors has confirmed its forecasts for the entire financial year. Meanwhile, including the impact of customs duties, after a second quarter having exceeded the expectations of analysts. In addition, – General motors confirms its 2025
(Keystone-ATS) Between April and June, the Detroit giant gave turnover of $ 47.12 billion (-1.8%) and a net profit of 1.89 billion (-35.4%), he announced in a statement on Tuesday.
Reported by action and excluding exceptional elements -Reference for markets -, net profit stands at 2.53 general motors confirms its 2025 dollars which is greater than 2.34 dollars anticipated by FactstSet consensus.
The group estimated the net impact of customs duties in this quarter at $ 1.1 billion (877 million francs), and confirmed a gross impact around 4 to 5 billion dollars for the whole year.
He warned that this net impact should be greater in the third quarter. compared to the second, because of a “calendar effect on the indirect effects of surcharges on costs”.
GM nevertheless claims to have made “big progress to reduce this impact by at least 30% thanks to production adjustments. targeted costs on costs and coherent pricing”.
In electronic exchanges before opening the New York Stock Exchange, Action General Motors fell 3.76%.
Impact
Mary Barra. a patron saint of GM, assured, in a letter to the shareholders accompanying the publication of the results, that the investment of $ 4 billion announced in June for American factories would in particular allow general motors confirms its 2025 us to “greatly reduce” the exposure to customs from customs.
Since April 3. vehicles imported into the United States have been taxed at 25% but those from Canada and Mexico-with which the United States has a free trade agreement (ACEUM)-can have a rate lower than certain conditions.
President Donald Trump announced a temporary reduction in early May for two years.
For all vehicles manufactured. sold in the United States with imported spare parts, American and foreign manufacturers will be able to deduct 15% of the registered sale price in the first year-and 10% per second-customs fees of 25% on the following imports.
In the wake of this announcement, GM had lowered its annual forecasts.
He confirmed them on Tuesday while stressing that the second half should be lower than the first because the period will be allocated in full by customs duties. while only the second quarter was on the first part of the year.
In general motors confirms its 2025 detail, excluding exceptional elements, GM expects an operating profit between 10 and 12.5 billion dollars (13.7 to 15.7 dollars previously) in 2025 in 2025, a net profit per share between 8.25 and 10 dollars and a positive cash flow of 7.5 to 10 billion (11 to 13 billion before).
Before Tuesday’s publication, FactstSet consensus was tapped on a net profit per share with comparable data of $ 9.22 for the year.
Further reading: At 182 km/h with his tampered BMW, an 18 -year -old driver lost his license a few months after getting it – “America first”: the Amerindians increasingly seduced by Trump – 07/20/2025 at 10:00 am – Eurazeo: By selling the Carambar and Krema candies to a subsidiary of the owner of the Nutella, Eurazeo crystallizes value and climbs on the stock market – Master Coq and the Gauls make a commitment for their chickens deemed “historic” by L214 – USA: retail sales are colored in June.
