General Motors lowered its 2025 profit forecast following recent changes to US automotive tariffs. The company now expects an annual adjusted core profit between US$10 billion and US$12.5 billion, down from January’s estimate of US$13.7 billion to US$15.7 billion. Net income is projected to range from US$8.2 billion to US$10.1 billion.

CEO Mary Barra said GM is working closely with the Trump administration and supply chain partners to reduce the impact of tariffs, which currently pose a US$4 billion to US$5 billion exposure. About US$2 billion of that is tied to affordable vehicle imports from South Korea. CFO Paul Jacobson stated that GM aims to offset at least 30% of tariff costs through cost-cutting and increased US production. Barra also announced plans to boost domestic battery module output and light-duty truck production in Indiana.