Agility is a key strength
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With federal tax credits ending, the auto giant leans on its profitable gasoline-powered SUVs to fund a longer, tougher road to an all-electric future.
Despite a decrease in overall sales for the year, EVs are shining bright in the lead-up to September’s consumer credit deadline.
GM is anticipating that the total impact of the tariffs in 2025 will be approximately $4 billion to $5 billion
General Motors’ profit and revenue declined in its second-quarter but the automaker’s results managed to easily top Wall Street’s expectations and the company stuck by its full-year financial outlook that it lowered in May.
Another reason that Cadillac could be a sneaky help to General Motors' EV ambitions is because the administration's tariff policy has a very limited impact on Cadillac. The brand is almost entirely produced in the U.S., with the exception of the Optiq that is produced in Mexico.
GM is set to launch a series of updates for the Super Cruise hands-free driver assist system in conjunction with the 2026 MY, including Google Maps integration.
According to General Motors Insurance’s website, insurance is now also offered in Arkansas and Colorado. Coverage is offered even to drivers who don’t own a General Motors vehicle.
General Motors (NYSE:GM) reported adjusted EPS of $2.53, topping analysts' $2.45 estimate, but revenue declined 1.8% year?on?year to $47.12 billion. The sales drop in key North American and China markets raised questions about demand resilience.