General Motors revised its financial outlook for the year, anticipating a boosted annual profit of between $12.0 billion to $13.0 billion. This revision, up from the previous $10.0 billion to $12.5 billion estimate, comes alongside a slightly lower-than-expected tariff impact.

Despite quarterly adjusted earnings per share dropping to $2.80, they still surpassed analysts' predictions of $2.31. GM CEO Mary Barra addressed shareholders, acknowledging the challenges faced in the electric vehicle market due to changing regulations and hinted at potential future charges related to EV investments.

The automotive giant braces for tariff relief, following President Trump's recent order to alleviate tariff burdens. GM announced substantial investments in U.S. facilities, even as it scales back its

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