New York, Oct 21, 2025 (AFP) - GM shares soar on better tariff outlook and EV backpedal

NAMPA / AFP
2025-10-21
General Motors shares soared Tuesday after reporting strong results as it adjusts strategy over US President Donald Trump's tariffs and slashing of economic support for electric vehicles. The giant US automaker -- which has faced tough questions over the impact of Trump's policy pivots -- reported better than expected third-quarter profits and boosted some full-year projections. The good results came despite a $1.6 billion hit to write down EV in......
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WINDHOEK, 21 October 2025 - Gaudentia Kröhne, the Deputy Minister of Industries, Mines and Energy (second from left) pictured with delegates during the third International Conference on Circular, Economy, Renewable Energies and Green Hydrogen in Africa (ICERA). (Photo by: Simsolia Kambonde) NAMPA

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WINDHOEK, 20 October 2025 - President Netumbo Nandi-Ndaitwah pictured during a meeting with the leadership of the Body of Christ Party at State House. (Photo by: Andreas Thomas) NAMPA

WINDHOEK, 20 October 2025 - President Netumbo Nandi-Ndaitwah pictured during a meeting with the leadership of the Body of Christ Party at State House. (Photo by: Andreas Thomas) NAMPA

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SWAKOPMUND, 20 October 2025 - Minister of Health and Social Services Dr Esperance Luvindao.(Photo by: Isabel Bento) NAMPA

SWAKOPMUND, 20 October 2025 - Minister of Health and Social Services Dr Esperance Luvindao.(Photo by: Isabel Bento) NAMPA

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NKURENKURU, 20 October 2025 - Kavango West Governor, Verna Sinimbo, pictured during a live discussion on World Food Day event preparations for the Government Information Centre (GIC) at MICT Kavango West on Monday. (Photo by: Lylie Joel) NAMPA

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NKURENKURU, 20 October 2025 - Kavango West Governor, Verna Sinimbo, pictured during a live discussion on World Food Day event preparations for the Government Information Centre (GIC) at MICT Kavango West on Monday. (Photo by: Lylie Joel)
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NKURENKURU, 20 October 2025 - Kavango West Governor, Verna Sinimbo, pictured during a live discussion on World Food Day event preparations for the Government Information Centre (GIC) at MICT Kavango West on Monday. (Photo by: Lylie Joel) NAMPA

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RUNDU, 20 October 2025 - Urban and Rural Development Minister James Sankwasa in Rundu on Monday. (Photo by: Sawi Hausiku) NAMPA

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