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General Motors raises 2025 core profit forecast
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General Motors raises 2025 core profit forecast
Oct 21, 2025 4:12 AM

Oct 21 (Reuters) - General Motors ( GM ) raised annual

adjusted core profit forecast on Tuesday, betting that strong

demand for its pickup trucks and SUVs would help counter a hit

from U.S. tariffs and the end of a federal incentive for

electric vehicles.

The largest U.S. automaker by sales took a previously

disclosed $1.6 billion charge in the third quarter, as it

reshaped its EV strategy to better navigate a potential dent in

demand after the Trump administration scrapped a $7,500 federal

tax credit policy.

The company now expects 2025 adjusted core profit to be

between $12.0 billion and $13.0 billion, compared with its prior

estimate of $10.0 billion and $12.5 billion.

Revenue for the quarter ended September marginally fell to

$48.6 billion from a year earlier.

GM's second-quarter earnings had taken a $1.1 billion hit

from tariffs, while the automaker reiterated that trade

headwinds threatened to hit the bottom line by $4 billion to $5

billion this year.

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