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GM CFO: 'We don't expect any specific price increases related to tariffs'
CNBC Televisionยท2025-07-22 14:30

Pricing Strategy - The company aims to differentiate itself through pricing consistency despite competitors' heavy incentives [1] - Maintaining pricing stability is important for customer trust and residual value of vehicles [2] - The company initially announced no incremental price increases to offset tariffs [2] - First quarter pricing was up, second quarter was essentially flat, contributing to a 30% offset [3] - No specific price increases are expected related to tariffs [3] Financial Management - Pricing stability is important for managing inventories and driving the business for cash flows [3]