10:35 AM EDT, 07/22/2025 (MT Newswires) -- General Motors ( GM ) continues to navigate a complex tariff backdrop "successfully," while seeing strong demand for its entire fleet of electric and internal combustion vehicles, Wedbush said in a Tuesday note.

Despite an estimated $4 billion to $5 billion gross tariff impact in 2025, Wedbush said that General Motors ( GM ) continues to make "solid progress" in mitigating at lest 30% of these costs through manufacturing adjustments, cost initiatives, among others.

GM posted its Q2 earnings on Tuesday and said it expected the Q3 impact from tariffs to be higher than Q2 due to the timing of indirect tariff costs.

Wedbush rated General Motors ( GM ) as outperform with a $55 price target.

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