# The automaker is now boosting its full-year profit forecast by $500 million.

*business · news · 2026-04-28 · KABC-TV*

## Key points

- General Motors expects $500 million in refunds from Supreme Court-invalidated tariffs.
- GM raised its full-year profit forecast by $500 million due to anticipated tariff refunds.
- Over 330,000 importers, including GM, paid $166 billion in now-invalid IEEPA tariffs.
- The federal government has opened a portal for companies to reclaim their tariff payments.

**Companies:** General Motors
**Countries:** United States

[Read the full story on KABC-TV](https://abc7.com/post/general-motors-says-expects-500-million-tariff-refund-scotus-ruling/18985704/)

---

Canonical: https://newsio.io/n/8dbe09a1-86e4-472b-8164-2ae546695609/the-automaker-is-now-boosting-its-full-year-profit-forecast-by-500-million-gm-is
Summarized by Newsio from KABC-TV. https://newsio.io/how-it-works
