GM Tops Q2 Estimates, Maintains Outlook Despite Ongoing Tariff Pressure

General Motors reported second-quarter earnings that beat Wall Street expectations and reaffirmed its full-year outlook, even as Trump’s 25% auto tariffs continue to pressure the industry. GM posted adjusted earnings per share of $2.53 and revenue of $47.12 billion, both beating forecasts, according to CNBC. The automaker maintained its guidance, revised in May, to reflect a potential tariff impact of up to $5 billion. CEO Mary Barra stated that the company is adapting to policy shifts and working to reduce tariff exposure through U.S. production shifts and cost controls. GM expects greater tariff exposure in the second half of the year, with two quarters impacted, compared to one in the first half. North America margins, adjusted for earnings before interest and taxes, fell to 6.1% from 10.9% a year ago.