Ford books $1.3 billion tariff refund, lifting profits despite falling volumes [Business Insider]
General Motors Company (GM)
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Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Ford flagged a one-time $1.3 billion tariff benefit in its quarterly results. The announcement comes a day after GM reported a roughly $500 million tariff benefit. Still, car companies expect to pay billions on other tariffs levied on imported vehicles and parts. AI-generated summary Summaries are generated by an AI model trained on Business Insider's articles. AI may make mistakes or provide inaccurate/incomplete information. We're unable to load that answer right now. Please try again. How do tariffs impact auto profits? How do automakers handle tariff costs? What is the Trade Expansion Act of 1962? What are 'Liberation Day' tariffs? Why do tariffs on imports remain high? Ford just got a big tariff-related boost. Loading audio narration... The automaker said on Wednesday that it booked a $1.3 billion one-time tariff-rela
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News
- General Motors CEO announces $830 million investment in domestic car manufacturing [FOX News]FOX News
- GM to invest $340 million in gas cars as EV demand plummets [Business Insider]Business Insider
- News of the day: Bank of Canada decision, economists' reaction, GM investment, AI risks, illusion of diversification and more [Yahoo! Finance Canada]Yahoo! Finance Canada
- New Gemini Feature in GM Cars Could Let Drivers Check Fuel Prices [CNET News]CNET News
- General Motors (NYSE:GM) (TSE:GMM.U) had its price target lowered by Mizuho from $105.00 to $100.00. They now have an "outperform" rating on the stock.MarketBeat
GM
Earnings
- 4/28/26 - Beat
GM
Sec Filings
- 4/29/26 - Form SCHEDULE
- 4/28/26 - Form 10-Q
- 4/28/26 - Form 8-K
- GM's page on the SEC website