General Motors This year the preview of the pre-profit growth is abandoned this year due to uncertainty created by the President Trump Policy this year, the automobile said on Tuesday.
The Trump Administration imposed 25 percent rates this month in imported cars and said that it will impose 25 percent obligation on imported parts on Saturday. Half cars sold in the United States in the United States are made abroad, mostly in Canada and Mexico.
“We will not give further advances until more clarity,” said the company’s main financial officials, Paul Jacobson, said with journalists in a conference call. “We don’t want to get a number of companies that invented between what the administration can do.”
The GM added that the Trump may be the “material of Mr. Trump”, meaning that this year could have a great impact on the profits of the company.
The GM also said that Tuesday had made $ 2,8 billion in the first quarter, a year before 7 percent. The company hurled the interests of North American interests and taxes as a result of 14 percent fall, and almost all profits. Businesses who serve the rest of the worlds had minor profits.
The company said before dollar $ 11.2 million and $ 12.5 million in net income of 2025, twice a dollar 6 billion last year.
“Before the guidance cannot be trusted,” Jacobson said.
In addition to 25 percent of imported cars, the Trump Administration raises imported steel and aluminum rates, guided the costs of very widely used metal in cars. Mr. Trump also rose significantly in China and has established hard rates in many other countries, which reduced 10 per cent to 10 per cent.
GM has “productive discussions” in the tariff administration, Mr. Jacobson said, but he practiced. “I don’t want to see you try to negotiate in the public,” he said. “We hope to achieve greater clarity around the self-industry rate.”
The rate had a minimum impact on the financial performance of the company in the first quarter in any force, Mr. Jacobson said. “The basics of our business are strong,” he said.
The GM said he had previously increased the production of collection trucks in a plant about Fort Wayne, ind. The movement would allow external and slight imports of Mexico.
2025-04-29 10:30:00
