General Motors lifts financial forecast as Trump tariff outlook improves
1. GM raises annual profit outlook to $12bn-$13bn, up from $10bn-$12.5bn. 2. Tariff impact on GM's profits decreased to $3.5bn-$4.5bn from $4bn-$5bn. 3. US car sales rose by 6% despite tariff uncertainty. 4. GM invests $4bn in US facilities to offset tariffs and boost production. 5. EV sales remain under 10% of total sales, prompting strategic adjustments.