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GM(GM) - 2025 Q2 - Quarterly Report
2025-07-22 20:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34960 (State or other jurisdiction of incorporation or organization) 300 Renaissance Center, Detroit, Michigan 48265 -3000 (Address of princ ...
General Motors Bracing for a $1.1B Tariff Hit | Open Interest 7/22/2025
Bloomberg Television· 2025-07-22 19:02
Get a jump start on the US trading day with Matt Miller, Katie Greifeld and Sonali Basak on "Bloomberg Open Interest." GM shares fall as it struggles to keep up its profitability. GM CFO Paul Jacobson tells Bloomberg Open Interest the company is onshoring most of its production to offset the tariff impact. A mixed bag with tech earnings, as Google aims for its longest winning streak since 2010, and NXP Semiconductors falls short thanks to auto sector uncertainty. And is the meme mania back? Kohl's soars tri ...
GM says EVs are its 'North Star' as legacy automaker chases Tesla
CNBC· 2025-07-22 18:22
Core Viewpoint - General Motors (GM) has secured the No. 2 position in the U.S. electric vehicle (EV) market and believes it has an inherent advantage over competitors like Tesla due to its diverse lineup of gas and electric vehicles [1][2]. Group 1: Market Position and Performance - Tesla remains the leading EV manufacturer in the U.S., while GM has reported a significant increase in its EV sales, totaling 46,300 units in the second quarter of 2025, more than double the 21,900 units sold in the same quarter last year [8]. - GM's total vehicle sales in the second quarter reached 974,000, with EVs accounting for a relatively small portion of this total [8]. - In the first half of 2025, GM sold 78,000 EVs, which is more than double the volume posted in 2024 [8]. Group 2: Financial Strategy and Manufacturing Flexibility - GM is focused on improving profitability for its EVs and has built flexibility into its manufacturing plants to adapt to changing EV demand by investing in both EVs and internal combustion engine (ICE) vehicles [2][9]. - GM's CFO highlighted that this flexibility allows the company to absorb manufacturing costs by increasing ICE production if EV demand decreases [9]. - The company announced a $4 billion investment in several American plants to boost production of both gas and electric vehicles [10]. Group 3: Market Trends and Future Outlook - The EV market is currently experiencing fluctuating demand, influenced by the impending end of the $7,500 tax credit for new EVs and the $4,000 credit for used EVs after September 30 [4]. - Sales of new EVs in the second quarter of 2025 declined by 6.3% year over year, marking only the third decline on record, although there was a 4.9% increase from the first quarter of 2025 [4][5]. - Analysts predict a potential rush in EV sales before the tax credit ends, with expectations of record new EV sales in the third quarter of 2025, followed by a significant drop in the fourth quarter as the market adjusts [5][6].
X @Bloomberg
Bloomberg· 2025-07-22 16:40
GM has the ability to manage Trump's policy pivots better than some rivals, @liamdenning says (via @opinion) https://t.co/arkiwaLxYW ...
Retail traders push Opendoor stock higher by 500% in a month, tariffs weigh on GM
Yahoo Finance· 2025-07-22 16:38
All right, top of the morning. I'm Yo Finance executive editor Brian Saz and you're taking a look at a live shot. The opening bells on Wall Street on this busy earnings Tuesday morning.Walmart ringing the bell at the New York Stock Exchange. Touchdown Investments getting things popping over at the NASDAQ. Now, earnings fest is officially underway.Surely you're still assessing. Brief comments from Fred share Jerome Pal. this morning mostly on bank regulation which come during the Fed's blackout period and a ...
GM to Maintain Pricing Strategy, Despite Trump Tariffs
Bloomberg Television· 2025-07-22 16:17
Now, one stock that we're keeping a close eye on this morning is GM. Shares are lower after the company said it will take a $1.1% billion hit to profit from President Trump's tariffs. Let's bring in General Motors chief financial officer Paul Jacobson for more.Paul, it's great to have you with us. I want to talk about potential levers that you can pull here, because my understanding is that you really haven't raised prices to this point to offset some of those costs. I know that you're taking other measures ...
General Motors Q2 Earnings Top Estimates, Revenues Decline Y/Y
ZACKS· 2025-07-22 16:11
Key Takeaways GM posted Q2 adjusted EPS of $2.53, beating estimates but down from $3.06 a year ago. Revenues of $47.12B topped forecasts, driven by GMNA, GMI, and GM Financial outperformance. GMNA and GM Financial profits fell Y/Y, while GMI earnings rose sharply on stronger-than-expected deliveries.General Motors (GM) reported second-quarter 2025 adjusted earnings of $2.53 per share, which surpassed the Zacks Consensus Estimate of $2.39. Higher-than-expected revenues from GM North America (GMNA), GM Inte ...
Pre-Markets Marginally Higher on Q2 Earnings
ZACKS· 2025-07-22 16:01
Market Overview - Pre-market futures are showing slight increases with the Dow and S&P 500 up by +9 points and Nasdaq up by +4 points [1] - Bond yields are decreasing, with the 10-year yield at +4.36%, the 2-year at +3.84%, and the 30-year down to +4.94% [1] Company Earnings Reports - General Motors (GM) reported Q2 earnings of $2.53 per share, exceeding expectations by +5.86%, with revenues of $47.98 billion, surpassing estimates by +1.89%. However, North American EBIT fell below expectations, leading to a -1.8% drop in shares [2] - Lockheed Martin (LMT) had a strong Q2 with earnings of $7.29 per share, a +12.33% surprise, but revenues of $18.2 billion were below consensus, resulting in a -7% pre-market decline. Northrop Grumman (NOC) reported earnings of $7.11 per share, exceeding estimates by +5.96%, and revenues surpassed expectations by +2.94%, leading to a +3% increase in shares [3] - D.R. Horton (DHI) reported Q3 earnings of $3.36 per share, exceeding consensus by +15.86%, with revenues of $9.23 billion, surpassing expectations by +5.13%. Shares rose by +6% [4] - Coca-Cola (KO) reported Q2 earnings of 87 cents per share, beating expectations of 83 cents, but revenues of $12.54 billion fell short by -0.44%. Shares are down modestly but up +12% year to date [5] - Sherwin-Williams (SHW) missed earnings expectations by -10.11% with $3.38 per share, although revenues of $6.31 billion slightly exceeded estimates by +0.49%. Shares fell by -4% [6] Upcoming Earnings Reports - Key earnings reports expected after market close include Texas Instruments (TXN), Capital One (COF), and Intuitive Surgical (ISRG). TXN anticipates double-digit growth in both earnings and revenues, COF expects over +20% gains, and ISRG projects +8% earnings growth and +16.8% revenue growth [7]
X @Investopedia
Investopedia· 2025-07-22 16:00
General Motors on Tuesday posted second-quarter results above analysts' estimates, but said it expects a bigger hit from tariffs in the second half of the year. https://t.co/NMncvH2LZe ...
GM profit hurt by over $1B in tariffs — and shares tumble as impact expected to worsen
New York Post· 2025-07-22 15:40
General Motors’ second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst expectations for the period, supported by strong sales of its core gasoline trucks and SUVs.The largest US automaker by sales said it expects the tariff impact to worsen in the third quarter and stuck to a previous estimate that trade headwinds threaten to hit the bottom line by $4 billion to $5 billion. GM said it could take steps to mitigate at least 30% of that impact. Shares fell about 6% i ...