GM posts strong earnings for Q1 despite costs from tariffs, suppliers [Yahoo! Finance]
General Motors Company (GM)
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Source: Yahoo! Finance
trucks and crossovers, but bolstered substantially by software and services like OnStar and Super Cruise. The Detroit automaker on April 28 reported earnings for the period ending March 31 and released an updated full-year guidance for 2026. GM had a strong performance despite recording several hits to its bottom line, including a $1 billion charge for settling supplier contracts from the automaker's downsizing of electric vehicle production. GM also recorded a $500 million benefit to identify money the company expects it will get back following the Supreme Court decision that ruled certain President Donald Trump's tariffs unconstitutional . GM still paid $900 million in tariffs in the first quarter 2026, down from $200 million in first-quarter 2025. EV production shifts, tariffs GM wrote off $7.6 billion in losses last year on downshifting its EV manufacturing footprint. Those losses, taken in waves across the year, accounted for unused EV production equipment and cancelled
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GM
News
- General Motors Lifts 2026 Earnings Outlook Amid Reduced Tariff Costs [Yahoo! Finance]Yahoo! Finance
- Ferrari: Still the Widest Moat in Auto? [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- General Motors beats profit outlook despite EV realignment, raises FY26 outlook [Seeking Alpha]Seeking Alpha
- GM raises 2026 guidance amid $500 million tariff refund, topping Wall Street's earnings expectations [MSNBC.com]MSNBC.com
- General Motors says it expects $500 million tariff refund after SCOTUS ruling [Yahoo! Finance]Yahoo! Finance
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