General Motors Expecting $500 Million in Tariff Rebates (opens in new tab)

Following a decision by the Supreme Court regarding tariffs, numerous industries are now eligible to receive refunds from the federal government. This includes General Motors, which just announced that it expects to receive $500 million. The decision encouraged the automaker to raise its earnings forecast for the rest of 2026 by a corresponding $500 million. GM now believes that it could see between $13.5 billion and $15.5 billion by year's end. However, leadership still anticipate…