Says calendar 2025 gross tariff impact unchanged at $4B-5B. Says making solid progress to mitigate at least 30% of this impact through manufacturing adjustments, targeted cost initiatives, and consistent pricing. Sees $1.1B net impact in Q2, reflecting minimal mitigation offsets. Expects Q3 net impact to be higher than Q2 due to timing of indirect tariff costs. Other assumptions: North America pricing up 0.5-1.0% YoY; Warranty a YoY headwind; GMI ex. China similar to 2024; China Equity income profitable for the full year; GM Financial EBT-adj. to be in the $2.5-3.0B range; Cruise savings of ~$500M; ETR-adj. in the 17-19% range; Full-year EPS guidance assumes weighted average diluted share count slightly below 1B shares. Comments taken from investor presentation slides.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GM:
- Options Volatility and Implied Earnings Moves Today, July 22, 2025
- General Motors backs FY25 adjusted EPS view $8.25-$10.00, consensus $9.26
- General Motors reports Q2 adjusted EPS $2.53, consensus $2.39
- General Motors (GM) Is About to Report Q2 Earnings Tomorrow. Here’s What to Expect
- Notable companies reporting before tomorrow’s open