Friday, July 25, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
No Result
View All Result
Login
News Wave
No Result
View All Result
Home World

General Motors reports a 35% profit drop as tariffs weigh on car industry | Automotive Industry News

22 July 2025
in World
0
General Motors reports a 35% profit drop as tariffs weigh on car industry | Automotive Industry News
Share on FacebookShare on Twitter
How does this make you feel?


GM’s profit tumble in second quarter comes a day after Jeep maker Stellantis says it expected a $2.7bn loss in the first six months of the year.

General Motors reported a 35% drop in Q2 profits to $1.9bn, impacted by $1.1bn in tariffs, while maintaining its full-year forecast. Despite strong sales in North America, GM anticipates lower profits in the latter half of 2025 due to ongoing tariff challenges and increased spending on new vehicle launches.

Want More Context? 🔎

🪄 Creating a simple explanation...

Tags: AutomotiveAutomotive IndustrycarDonald TrumpdropEconomyFinancial marketsGeneralIndustryInflationInternational tradeManufacturingMotorsNewsProfitreportsTariffsTrade WarUnited StatesUS & Canadaweigh
Previous Post

Bus operator working to address drivers' concerns after strike, vows to keep Johor-Singapore services running

Next Post

Tesla charger sparked garage fire in Lewisville, Texas, city confirms

Related Posts

Iran is meeting European powers amid threats of renewed nuclear sanctions | Israel-Iran conflict News
World

Iran is meeting European powers amid threats of renewed nuclear sanctions | Israel-Iran conflict News

by My News Wave
25 July 2025
0

Iranian diplomats are in Istanbul for renewed nuclear talks with Germany, the UK, and France amid threats of reinstated UN sanctions following Israel's recent attacks on Iran. Iran warns that reimposing sanctions would lead to its withdrawal from the nuclear non-proliferation treaty and insists on maintaining its nuclear program, claiming enrichment is currently halted due to damage from military strikes. Want More Context? 🔎

Read more
Erik Menendez in hospital, diagnosed with serious medical condition: Family
USA

Erik Menendez in hospital, diagnosed with serious medical condition: Family

by My News Wave
25 July 2025
0

Erik Menendez, 54, has been hospitalized with a serious but undisclosed medical condition, prompting his attorney to call for his immediate release ahead of a parole hearing on August 21. Along with his brother Lyle, Erik was resentenced to 50 years to life in prison for the 1989 murders of their parents, a case that has garnered significant public interest and family support for their release. Want More Context? 🔎

Read more
Bus driver who dated ‘bus enthusiast’, 13, gets jail and caning for statutory rape
Asia Pacific

Bus driver who dated ‘bus enthusiast’, 13, gets jail and caning for statutory rape

by My News Wave
25 July 2025
0

A 30-year-old bus driver in Singapore was sentenced to eight years in prison and six strokes of the cane for engaging in sex with a 13-year-old girl he met on his bus route. The victim reported the abuse after her aunts noticed changes in her behavior, leading to a police investigation that revealed a relationship lasting several months, during which the girl was underage. Want More Context? 🔎

Read more
The way you watch porn is changing today — here’s everything you need to know
UK

The way you watch porn is changing today — here’s everything you need to know

by My News Wave
25 July 2025
0

Starting July 25, Ofcom mandates age checks on UK porn sites to protect children from accessing harmful content, requiring ID or credit information for verification. Research shows alarming rates of underage access, prompting these rules as part of the Online Safety Act to mitigate negative impacts on children's understanding of sex and relationships. Want More Context? 🔎

Read more
Universal Jurisdiction and the IDF – Middle East Monitor
Middle East

Universal Jurisdiction and the IDF – Middle East Monitor

by My News Wave
25 July 2025
0

Two Israeli soldiers at Belgium's Tomorrowland festival faced arrest for displaying a Givati Brigade flag, linked to alleged war crimes in Gaza. The Hind Rajab Foundation hailed the arrests as a milestone for accountability under universal jurisdiction, despite the soldiers’ claims of mistreatment during detainment, highlighting tensions surrounding Israel's military actions. Want More Context? 🔎

Read more
Kwinana Freeway crash: Traffic being diverted off major road after serious crash
Australia

Kwinana Freeway crash: Traffic being diverted off major road after serious crash

by My News Wave
25 July 2025
0

Traffic is being diverted off the Kwinana Freeway southbound at Armadale Road in Jandakot due to a serious multi-car pile-up, affecting multiple lanes and causing backups to Roe Highway. Emergency services, including towing and St John WA, are on site treating one patient for seatbelt injuries, and motorists are advised to consider the Farrington Road exit. Want More Context? 🔎

Read more
Please login to join discussion
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • 2025 K League Summer Transfer Window Closes With 109 New Registrations
  • Iran is meeting European powers amid threats of renewed nuclear sanctions | Israel-Iran conflict News
  • Erik Menendez in hospital, diagnosed with serious medical condition: Family
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In