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Int'l Business Times
3 days ago
- Automotive
- Int'l Business Times
General Motors Profits Fall On Tariffs
General Motors reported Tuesday that second-quarter profits tumbled by more than a third due to tariffs as it confirmed its full-year forecast. GM's results topped expectations, but shares fell as the automaker projected weaker profitability in the second half of 2025. The Detroit automaker, which has adjusted billions of dollars in investment in light of shifting US trade and environmental policies, said it benefited from continued solid pricing in its home market. Profits overall fell 35.4 percent to $1.9 billion year-on-year, with a $1.1 billion hit from tariffs accounting for much of the drop. Revenues dipped 1.8 percent to $47.1 billion, in spite of higher auto sales globally compared with the year-ago period. GM was among the carmakers that benefited from a surge in demand this spring from US consumers who wanted to beat US tariffs. GM pointed to sales growth in North America where new and revamped trucks and sport utility vehicles sold briskly. The United States imposed 25 percent tariffs on imported finished cars in early April, a move that affected major GM manufacturing operations in Mexico, Canada and South Korea. Auto companies have also been buffeted by tariffs on imported steel and aluminum and auto parts. GM reaffirmed its forecast of an overall hit of $4-$5 billion from tariffs in 2025 as it continues to import from those three countries "to avoid interruptions for our customers and dealers," Chief Financial Officer Paul Jacobson told analysts. "Over time we remain confident that our total tariff expense will come down as bilateral trade deals emerge and our sourcing and production adjustments are implemented," Jacobson said. Chief Executive Mary Barra declined to predict "a worst-case" tariff scenario, but said the outcome could potentially be better than the current policies on which forecasts are based. The Detroit-based company's outlook for a weaker second half of 2025 reflects "seasonally lower" volumes, increased spending on vehicle launches and the presence of two quarters with a tariff hit, compared to just one, the company said in a slide presentation. GM expects annual operating income of between $10 billion and $12.5 billion after notching $6.5 billion in the first half of the year. GM expects to mitigate "at least" 30 percent of the tariff hit through "manufacturing adjustments, targeted cost initiatives and consistent pricing," according to a slide. In June, GM announced $4 billion over two years to expand production of plants in Michigan, Kansas and Tennessee, making use of unused capacity in its home market as President Donald Trump's tariffs penalize imports of finished vehicles. The June announcement included steps to produce in the United States Chevrolet Equinox and Chevrolet Blazer, two vehicles which are currently assembled in Mexico. GM has so far not shifted production from South Korea, home to production for the Chevrolet Trax, a popular compact SUV that is priced affordably. President Donald Trump has set an August 1 deadline to reach broad trade deals with numerous countries, including South Korea, which faces a broad-based 25 percent tariff if there is no deal. Barra told analysts the company's South Korea operation is one "we've had for a long time that's very efficient and high quality," adding that the company would avoid long-term decisions until it knows the outcome of talks between Washington and South Korea. As GM has shifted production to the United States, it has also ramped up investments in internal combustion engine vehicles (ICE) in light of slowing growth in electric vehicles. Those dynamics will be compounded by the Trump's recent legislation to phase out tax credits for EVs after September. Recent GM investments will boost GM ability to produce either EVs or ICE vehicles at plants depending on demand, Jacobson said. "That flexibility is going to be important for us as we go through the next several years," Jacobson said. Shares of GM fell 7.1 percent in morning trading.
Auto Blog
09-07-2025
- Automotive
- Auto Blog
Chevrolet Launches Killer Trax Lease Offer for July
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. A budget crossover that doesn't feel cheap The 2025 Chevrolet Trax is proof that entry-level no longer has to mean bare-bones. After a full redesign last year, the smallest Chevy crossover has grown up in just about every way—from its exterior styling to its interior tech and passenger space. It's now longer, wider, and lower than the previous version, giving it proportions and road presence that feel more compact SUV than subcompact runabout. The top 10 best value used cars in 2025 Watch More Inside, the transformation is just as dramatic. Gone is the upright, rental-grade interior of the old Trax. In its place is a much sleeker cabin layout, highlighted by a prominent touchscreen, slimmer air vents, and more premium-feeling materials. Even base trims get wireless Apple CarPlay and Android Auto, plus a long list of standard driver-assist features. For commuters, city drivers, and small families alike, the new Trax hits a sweet spot that blends comfort, value, and utility. The July lease deal makes it even better For July, Chevrolet is offering a standout lease deal on the 2025 Trax LT. The current offer comes in at $279 per month for 24 months, with $2,209 due at signing. That's for well-qualified lessees of 2020 or newer vehicles and is available through Aug. 4, 2025. Chevrolet Trax — Source: Chevrolet Considering the Trax's $24,095 MSRP, this lease makes the crossover one of the most affordable new vehicles on the market, especially when you factor in its roomy interior and generous list of standard features. With new car prices still hovering near record highs, this kind of value is becoming increasingly hard to find. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. A surprising amount of space and tech Thanks to its larger footprint, the new Trax offers one of the roomiest interiors in its class. Rear-seat passengers get over three extra inches of legroom compared to the outgoing model, while the expanded cargo area means you can pack for a weekend trip without resorting to duffel bag Tetris. The ride is comfortable, the controls are intuitive, and the low beltline helps create an airy, open feel inside the cabin. 2025 Chevrolet Trax — Source: Chevrolet The midlevel LT trim brings even more to the table, including an 11-inch touchscreen, upgraded cloth upholstery, push-button start, and available options like heated seats and a power sunroof. Chevy's Safety Assist suite is standard on every trim, offering lane keep assist, forward collision alert, pedestrian detection, and automatic emergency braking. Whether you're looking for a daily commuter or a capable second car, the Trax delivers far more than its price tag suggests. Final thoughts 2025 Chevrolet Trax — Source: Chevrolet The redesigned Chevrolet Trax may have once been an afterthought, but the 2025 version is anything but. It now competes confidently against more expensive crossovers like the Honda HR-V and Mazda CX-30, offering more tech, more space, and a more composed ride at a significantly lower cost. And with Chevy's killer lease offer this month, it's a deal that's hard to ignore. If you're in the market for an affordable, well-equipped, and genuinely stylish small SUV, the Trax is absolutely worth a test drive. *Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle. About the Author Elijah Nicholson-Messmer View Profile
Miami Herald
08-07-2025
- Automotive
- Miami Herald
Chevrolet Launches Killer Trax Lease Offer for July
The 2025 Chevrolet Trax is proof that entry-level no longer has to mean bare-bones. After a full redesign last year, the smallest Chevy crossover has grown up in just about every way-from its exterior styling to its interior tech and passenger space. It's now longer, wider, and lower than the previous version, giving it proportions and road presence that feel more compact SUV than subcompact runabout. Inside, the transformation is just as dramatic. Gone is the upright, rental-grade interior of the old Trax. In its place is a much sleeker cabin layout, highlighted by a prominent touchscreen, slimmer air vents, and more premium-feeling materials. Even base trims get wireless Apple CarPlay and Android Auto, plus a long list of standard driver-assist features. For commuters, city drivers, and small families alike, the new Trax hits a sweet spot that blends comfort, value, and utility. For July, Chevrolet is offering a standout lease deal on the 2025 Trax LT. The current offer comes in at $279 per month for 24 months, with $2,209 due at signing. That's for well-qualified lessees of 2020 or newer vehicles and is available through Aug. 4, 2025. Considering the Trax's $24,095 MSRP, this lease makes the crossover one of the most affordable new vehicles on the market, especially when you factor in its roomy interior and generous list of standard features. With new car prices still hovering near record highs, this kind of value is becoming increasingly hard to find. Thanks to its larger footprint, the new Trax offers one of the roomiest interiors in its class. Rear-seat passengers get over three extra inches of legroom compared to the outgoing model, while the expanded cargo area means you can pack for a weekend trip without resorting to duffel bag Tetris. The ride is comfortable, the controls are intuitive, and the low beltline helps create an airy, open feel inside the cabin. The midlevel LT trim brings even more to the table, including an 11-inch touchscreen, upgraded cloth upholstery, push-button start, and available options like heated seats and a power sunroof. Chevy's Safety Assist suite is standard on every trim, offering lane keep assist, forward collision alert, pedestrian detection, and automatic emergency braking. Whether you're looking for a daily commuter or a capable second car, the Trax delivers far more than its price tag suggests. The redesigned Chevrolet Trax may have once been an afterthought, but the 2025 version is anything but. It now competes confidently against more expensive crossovers like the Honda HR-V and Mazda CX-30, offering more tech, more space, and a more composed ride at a significantly lower cost. And with Chevy's killer lease offer this month, it's a deal that's hard to ignore. If you're in the market for an affordable, well-equipped, and genuinely stylish small SUV, the Trax is absolutely worth a test drive. *Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Auto Blog
04-07-2025
- Automotive
- Auto Blog
2026 Chevrolet Trax Pricing Swells By Four Figures
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. 2026 Chevrolet Trax Faces $1,100 Price Hike When it comes to affordable new cars, the options continue to dwindle, but the Chevrolet Trax has managed to hover around the $20,000 mark for some time. Sadly, that time has come to an end, as new order guide data obtained by CarsDirect reveals that the diminutive crossover will be hit with a 5.37% increase in base form, adding $1,100 to its sticker. Other trims are less severely impacted, but they've all gone up by between 1.76% and 3.27%. Let's see what those figures mean in dollars for the cheapest new Chevrolet currently on sale. Previous Pause Next Unmute 0:00 / 0:10 Full screen The top 10 best value used cars in 2025 Watch More Other 2026 Trax Trims Up By As Much As $800 The 2025 Chevrolet Trax LS (base model) started at $20,500 before destination, but for 2025, its base MSRP is $21,600. A rung higher up the trim ladder is the 1RS variant, which will cost $23,100 for 2026 (a $600 increase), followed by the LT, which gets a $400 increase to arrive at the same $23,100 base price. Similarly, both the 2RS and the ACTIV trims will cost $25,300, with both seeing an $800 inflation. Sadly, the order guide data does not reveal any additional features for the extra outlay, but new exterior paint colors and minor accessories are expected. All pricing listed here excludes the obligatory destination charge, which appears unchanged at $1,395. MY2025 MY2026 Difference Trax LS $20,500 $21,600 +$1,100 Trax 1RS $22,500 $23,100 +$600 Trax LT $22,700 $23,100 +$400 Trax 2RS $24,500 $25,300 +$800 Trax ACTIV $24,500 $25,300 +$800 Since they're mechanically related, we'd be remiss not to mention the Buick Envista's MSRP (for 2025, 2026 pricing is not yet available). Three trims are available – Preferred, Sport Touring, and Avenir – and they're offered at $23,800, $25,300, and $28,600, respectively. The extra outlay buys you leatherette interior surfaces, a flat-bottom steering wheel, and some nicer trimmings, but those wanting more value for similar money might want to look higher up the Chevy hierarchy, not at the bottom of Buick's. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Chevy Makes It Tougher To Choose The new pricing brings Chevrolet's smallest crossover closer in price to its next smallest, the Trailblazer, which starts at $23,000 for 2026, or just $1,400 higher than the Trax. As noted by CarsDirect, the gulf between the two subcompact SUVs was previously $2,600, and as this gulf closes, some buyers may find themselves more attracted to the added features of the Trailblazer. Since before its last redesign, rumors of the Trax's imminent discontinuation have repeatedly surfaced, but it's not gone yet. That may soon change, though, as Chevrolet is working on bringing the Bolt back as an affordable crossover, along with another cheap EV. About the Author Sebastian Cenizo View Profile
Auto Blog
03-07-2025
- Automotive
- Auto Blog
The Best SUV Lease Deals of July 2025
The hottest deals of the summer If you're in the market for a new SUV and want to keep monthly payments manageable, July 2025 is offering up a lineup of lease deals that are worth a serious look. Whether you're after a city-sized subcompact like the Kia Seltos or need the all-weather versatility of a Subaru Outback, manufacturers are dangling some impressive offers across the board. Lease deals change monthly and often vary by region, so you'll want to confirm with your local dealership or check online listings before heading in. But for now, these are some of the strongest offers available this month, with down payments generally ranging from $2,200 to $4,000 and monthly rates under $320. Let's break down what makes these 10 SUV leases stand out in July 2025. 2025 Hyundai Kona 2025 Hyundai Kona — Source: Hyundai For a lease that balances affordability with comfort, the 2025 Hyundai Kona SEL trim is available this month for $3,999 down and $249 per month. Recently redesigned, the Kona now offers more rear legroom and cargo space while still maintaining its tidy subcompact footprint. Standard safety features and a user-friendly interface make this an ideal choice for small families or solo commuters alike. 2025 Hyundai Tucson 2025 Hyundai Tucson — Source: Hyundai The Hyundai Tucson continues to shine in the compact SUV segment. With a lease offer of $3,999 down and $259/month, the base SE trim delivers a generous list of standard features, including a full suite of safety tech. Hyundai has freshened up the Tucson for 2025 with subtle exterior tweaks and thoughtful interior updates. If you're willing to spend just $10 more a month, the SEL trim adds even more conveniences, such as a power liftgate and push-button start. 2025 Subaru Outback 2025 Subaru Outback — Source: Subaru Need something a bit bigger and ready for adventure? The 2025 Subaru Outback, long known for its go-anywhere attitude, is leasing at $4,274 down and $275 per month. All-wheel drive is standard, as you'd expect, and Subaru's EyeSight driver assist suite helps with peace of mind. This lease deal is for the base trim, but even that includes solid tech and enough cargo space to make weekend getaways a breeze. 2025 Kia Sportage 2025 Kia Sportage The 2025 Kia Sportage is another well-rounded option for compact SUV shoppers. Its $3,999 down and $259/month lease offer puts you behind the wheel of the front-wheel-drive LX trim. For just $20 more per month, you can upgrade to an all-wheel-drive version, which could be worth it depending on where you live. The Sportage delivers smooth, quiet driving dynamics and comes loaded with tech like Kia's Drive Wise driver aid system. 2025 Chevrolet Trax 2025 Chevrolet Trax — Source: Chevrolet Chevrolet's 2025 Trax got a major overhaul last year, and it shows. The midsize-feeling subcompact comes with an ultra-accessible lease deal: $2,209 down and $279 per month—but only for 24 months, not the typical 36. Even so, the midlevel LT trim includes safety tech like Chevy Safety Assist, wireless Apple CarPlay/Android Auto, and LED headlights, making it a strong choice for new drivers or city commuters. 2025 Mazda CX-50 2025 Mazda CX-50 — Source: Mazda For those who want their SUV to be as enjoyable to drive as it is practical, the 2025 Mazda CX-50 brings something special. This month's lease deal on the 2.5 S Preferred trim is $2,999 down and $319 per month—slightly higher than some others on this list, but you're getting a more premium feel in return. The CX-50 features standard all-wheel drive, a luxurious cabin, and Mazda's trademark athletic handling. 2025 Chevrolet Equinox 2025 Chevrolet Equinox — Source: Chevrolet Chevrolet's redesigned 2025 Equinox leads the pack with a compelling lease offer: $2,739 down and $299 per month for 36 months. With an MSRP just shy of $30,000, the front-wheel-drive LT trim provides a refined driving experience and a quiet cabin, alongside features like dual digital displays and heated front seats. Chevy Safety Assist comes standard, making this a strong option for both first-time lessees and returning SUV drivers. 2025 Kia Seltos 2025 Kia Seltos — Source: Kia The 2025 Kia Seltos continues to punch above its weight, thanks to its roomy cabin and sharp tech package. With all-wheel drive included on the LX trim, this SUV comes in at $3,499 down and $259 a month. It's a particularly appealing offer for drivers in snow-prone regions or those who simply prefer the added grip. Combined with Kia's industry-leading warranty coverage, it's an excellent value play. 2025 Honda HR-V Honda HR-V Sport — Source: Honda The 2025 Honda HR-V remains a strong contender in the subcompact space, especially for drivers who value a quiet ride and strong safety credentials. This month's lease deal comes in at $3,699 down and $289/month for 36 months, covering the all-wheel-drive LX trim. One standout feature: active noise cancellation, which uses the speaker system to reduce unwanted cabin noise. 2025 Buick Envista 2025 Buick Envista Avenir — Source: Buick Rounding out the list is the 2025 Buick Envista, a subcompact SUV that leans hard into sleek, coupe-like styling. Despite its upscale appearance, it offers one of the cheapest lease deals this month: $3,989 down and $229 per month for 24 months. The Preferred trim comes with a strong feature set, including forward collision warning, pedestrian detection, and wireless smartphone connectivity. This deal is targeted toward current lessees of vehicles from 2020 or newer, so check your eligibility. Final thoughts July's lease deals make a compelling case for getting into a new SUV without committing to a full purchase. Whether you're prioritizing space, tech, comfort, or all-wheel drive, there's a lease deal that can meet your needs without overextending your budget. As always, be sure to read the fine print and verify availability in your area. Some deals are contingent on your current lease status or are only available in certain regions. And don't forget—tax, title, and registration fees are not included in these monthly payment estimates. Still, for those looking to drive something new and dependable, these SUVs offer a solid mix of value, capability, and curb appeal. About the Author Elijah Nicholson-Messmer View Profile
