GM CFO on tackling tariffs, affordability crisis, & pricey energy [Yahoo! Finance]
General Motors Company (GM)
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Source: Yahoo! Finance
GM CFO Paul Jacobsen chats with Yahoo Finance Senior Autos Reporter Pras Subramanian about the results, how higher energy prices are impacting the cost of materials, and more. Video Transcript Speaker A General Motors raised its full year profit forecast as its tariff exposure decreased more than expected. Our senior autos reporter Pras Subramanian spoke to General Motors CFO Paul Jacobson following those results. Pras Subramanian Paul, talk to you about how that tariff pick came down and what it means for for guidance going forward. Paul Jacobson During the quarter, we took an accrual uh benefit for the uh Supreme Court decision around IEPA refunds. So this is about a $500 million reduction to our tariff. These are tariffs we paid last year, uh that'll reduce our tariff burden this year. Um, interestingly, we didn't take uh the free cash flow guidance up uh as a result of that, mainly because there's uncertainty around the timing, the application, etcetera, uh around w
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News
- General Motors Company Q1 2026 Earnings Call Summary [Yahoo! Finance]Yahoo! Finance
- GM Q1 2026 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- General Motors to Gain From Higher Margins, Software Growth, Tariff Relief, Wedbush Says [Yahoo! Finance]Yahoo! Finance
- G.M.’s Profit Bolstered by a $500 Million Tariff Refund [The New York Times]The New York Times
- Who are the biggest EV sellers with shoppers looking for used deals? [USA TODAY]USA TODAY
GM
Earnings
- 4/28/26 - Beat
GM
Sec Filings
- 4/28/26 - Form 8-K
- 4/20/26 - Form ARS
- 4/20/26 - Form DEFA14A
- GM's page on the SEC website