General Motors (GM) has announced that its capital spending for 2025 will remain within the $10 billion to $11 billion range. This figure includes investments in GM’s battery manufacturing joint ventures, alongside an allocation of over $8 billion for research and product development. In a recent projection, GM foresees its 2025 profit to fall between $13.7 billion and $15.7 billion, indicating a wider range compared to the previous year. The company expects its diluted and adjusted earnings per share (EPS) to range from $11 to $12 for the year. Notably, GM has not factored in the potential impact of tariffs imposed by the Trump administration on imported vehicles or supplier parts.
During the Wolfe Research Auto conference earlier this month, GM’s CEO Mary Barra mentioned the company’s ability to offset up to 50% of the tariff implications by relocating vehicle and parts production to alternative locations. This forward-thinking approach aims to navigate potential challenges arising from trade policies effectively.
Pras Subramanian, a journalist for Yahoo Finance, covered this significant development. For more updates on this story and comprehensive analysis of market-moving events, be sure to visit the Yahoo Finance website. Stay informed with the latest financial and business news by following Pras on X and Instagram.
