Automakers take a hit from tariffs, but some still see strong earnings

Automakers take a hit from tariffs, but some still see strong earnings

Camila Domonoske

October 31, 2025 / 2:00 am

Automakers have been footing a hefty tariff bill — to the tune of $30 billion across the industry this year, according to a recent analysis from Moody's.

The industry is also grappling with a shortage of semiconductors, leaving them without the chips they need to build some vehicles, as well as a fire at an aluminum plant that's hurting the supply chain for Ford and Stellantis.

Despite those headwinds, quarterly earnings reports from automakers are so far showing resilience. General Motors reported $3.4 billion in profits last quarter and Ford brought in $2.6 billion, both beating expectations. Stellantis, the maker of Jeep, Dodge, Chrysler and Ram, increased its re