Thursday, July 24, 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

Asteroid bigger than the Leaning Tower of Pisa to pass Earth in days
UK

Asteroid bigger than the Leaning Tower of Pisa to pass Earth in days

by My News Wave
24 July 2025
0

An asteroid named 2025 OW, roughly the size of the Leaning Tower of Pisa, is set to pass Earth at a distance of 393,000 miles next Monday, traveling at 46,908 miles per hour. It is one of five near-Earth asteroids monitored by NASA, all of which pose no threat to our planet despite their size, as they will fly well beyond the Moon's orbit. Want More Context? 🔎

Read more
Israeli drone strike kills 1 in southern Lebanon amid ongoing border violations – Middle East Monitor
Middle East

Israeli drone strike kills 1 in southern Lebanon amid ongoing border violations – Middle East Monitor

by My News Wave
24 July 2025
0

An Israeli drone strike in Aita al-Shaab, southern Lebanon, killed one person, adding to ongoing ceasefire violations along the border. Despite a November 2024 truce, Israeli forces have conducted near-daily attacks, with reports of nearly 3,000 violations since, resulting in 259 deaths and over 562 injuries, while Israel maintains military presence at five border outposts. Want More Context? 🔎

Read more
WWE Hall of Famer Hulk Hogan dies at 71 after reported cardiac arrest
India

WWE Hall of Famer Hulk Hogan dies at 71 after reported cardiac arrest

by My News Wave
24 July 2025
0

About the AuthorTOI World DeskTOI World Desk consists of a team of dedicated journalists and writers who provide timely and accurate news coverage of global events. They aim to offer readers a nuanced understanding of international affairs, unraveling the interconnected stories that shape our world.Read More Want More Context? 🔎

Read more
Auckland Transport passenger Jovahna Samuels jailed after seizing control of bus during dispute
New Zealand

Auckland Transport passenger Jovahna Samuels jailed after seizing control of bus during dispute

by My News Wave
24 July 2025
0

A passenger, Jovahna Samuels, 38, has been sentenced to jail after attempting to drive off with a $200,000 public bus during a dispute with the driver in Auckland. The bus only moved a short distance before stopping, and while her defense argued it was more of a tantrum than a serious crime, it was still deemed a significant offense. Want More Context? 🔎

Read more
IPOA police watchdog blames deaths on ‘disproportionate force’
Africa

IPOA police watchdog blames deaths on ‘disproportionate force’

by My News Wave
24 July 2025
0

Kenya's Independent Policing Oversight Authority (Ipoa) reported that police used "disproportionate force" during recent protests, resulting in 65 deaths, primarily due to police actions. The protests, sparked by police brutality and government policies, saw significant violence, with President Ruto controversially ordering police to injure rather than kill protesters. Want More Context? 🔎

Read more
Top DOJ official Todd Blanche will meet with Ghislaine Maxwell
USA

Top DOJ official Todd Blanche will meet with Ghislaine Maxwell

by My News Wave
24 July 2025
0

Washington — Todd Blanche, the second-highest-ranking Justice Department official, is set to meet with Ghislaine Maxwell to discuss Jeffrey Epstein, following her conviction for facilitating his abuse of underage girls. Blanche emphasized the DOJ's commitment to uncovering the truth, stating, "No one is above the law," as he reaches out to Maxwell for insights. 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

  • Asteroid bigger than the Leaning Tower of Pisa to pass Earth in days
  • Israeli drone strike kills 1 in southern Lebanon amid ongoing border violations – Middle East Monitor
  • WWE Hall of Famer Hulk Hogan dies at 71 after reported cardiac arrest
  • 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