From Yahoo Finance: 2025-05-03 09:32:00

Tariffs threaten automakers’ profits as General Motors exceeds Q1 estimates but suspends share repurchases. Analysts predict tariffs could impact GM’s profits by 30-100%. GM pulls guidance due to tariff uncertainty. Despite potential impacts, the Trump administration may soften automotive tariffs. GM believes it can offset 30-50% of North American tariffs.

GM has been buying back shares but will suspend further repurchases due to tariff uncertainty. The company maintains its dividend and expects to cover it with $12 billion in free cash flow. While tariff uncertainty looms, GM’s core business is strong, selling popular vehicles and maintaining a positive stock price.

Investors should consider the impact of tariffs on GM’s future prospects. The Motley Fool’s Stock Advisor team has identified 10 stocks for potential high returns, excluding GM. Historical data shows significant returns from previous stock picks. Stock Advisor’s total average return is 906%, outperforming the S&P 500. Join Stock Advisor for the latest top 10 list.



Read more at Yahoo Finance: 3 Important Takeaways From GM’s Strong Q1