General Motors Raises Profit Outlook Amid Tariff Refund Expectations
General Motors reported a 22% increase in first-quarter core profit and raised its full-year earnings forecast, citing a strong U.S. car market and an expected tariff refund. The company warned that inflation driven by the Iran war continues to pressure its business, despite strong pickup-truck sales.
Tickers: $GM
Topics: Earnings Report General Motors Inflation Profit Outlook Tariff Refund