GM pulls forecast amid tariff chaos, freezes stock buybacks

By / / Automotive / 1 minute of reading


It isn’t just overseas automakers that are feeling the bite of the Trump administration’s tariffs. By Stewart Burnett

General Motors has pulled its 2025 profit forecast, which indicated solid profit growth, and paused US$4bn in stock buybacks amid trade war fears. The automaker highlighted potential financial impacts from President Trump’s 25% tariffs on imported vehicles and parts, which could raise new car sticker prices by thousands of dollars.

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GM pulls forecast amid tariff chaos, freezes stock buybacks



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