GM Raises 2026 Outlook Following Favorable Tariff Ruling
General Motors (GM) raised its 2026 adjusted EBIT forecast to $13.5bn to $15.5bn after a favorable U.S. Supreme Court ruling on tariffs, reducing gross tariff costs by $0.5B. First-quarter revenue was $43.62bn, down 0.9% year-over-year, but adjusted EBIT increased 21.9% to $4.25bn.
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Topics: capital investment dividend EBIT forecast General Motors revenue Supreme Court ruling tariffs