General Motors Q1 earnings exceed expectations, major decisions to be postponed due to tariff uncertainties.

General Motors' first quarter performance exceeded Wall Street's expectations, but given the expected increase in costs and the uncertainty brought by President Trump's ongoing tariff policies in the automotive industry, the company is reassessing its 2025 financial guidance and suspending any additional share repurchase plans. The company's first quarter revenue was $44.02 billion, higher than the expected $43.05 billion. Chief Financial Officer Paul Jacobson stated that until the tariff issue becomes "more clear," the company does not anticipate making any significant adjustments to its manufacturing plans, but due to tariffs and other factors, the company has made some "no-regrets" adjustments to its production in the North American region. Jacobson said, "On the required capital or major adjustments front, we'd defer making further decisions until we have more clarity on it." He also added that tariffs may prompt the company or its supply chain to make "fairly sizable investments" in the United States.