International Companies

General Motors lifts profit guidance after $500m tariff refund

By Benjamin Chiou

Date: Tuesday 28 Apr 2026

(Sharecast News) - General Motors shares were on the rise in pre-market trade on Tuesday after the Chevrolet, Buick, GMC and Cadillac manufacturer upgraded its full-year outlook on the back of a $500m tariff refund and a first-quarter earnings beat.
The auto giant now expects gross tariff costs to total $2.5bn-3.5bn...

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