The Chevrolet display is seen at the New York International Auto Show on April 16, 2025.
Danielle DeVries | CNBC
DETROIT – General Motors on Thursday lowered its 2025 earnings guidance to include a possible $4 billion to $5 billion impact as a result of President Donald Trump‘s auto tariffs.
The Detroit automaker said its new guidance includes adjusted earnings before interest and taxes of between $10 billion and $12.5 billion. That compares with its former guidance, which did not take tariffs into account, of $13.7 billion to $15.7 billion.
GM’s 2025 guidance also includes net income attributable to stockholders of $8.2 billion to $10.1 billion, down from $11.2 billion to $12.5 billion.
“Importantly, GM’s business is growing and fundamentally strong as we adapt to the new trade policy environment, further strengthen our supply base, and drive EV profitability,” GM CEO Mary Barra said in a shareholder letter on Thursday.
The guidance does take into account “the positive impact” of the Trump administration’s changes this week to some tariffs that include reimbursing automakers for some U.S. parts and reducing the “stacking” of tariffs upon each other for the industry.
GM released its first quarter results Tuesday but delayed its investor call and updated guidance details amid expected changes to the auto tariffs.
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