GM Profit Shrinks
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Despite a decrease in overall sales for the year, EVs are shining bright in the lead-up to September’s consumer credit deadline.
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.
General Motors valuation remains attractive at 5.0X P/E forward earnings, with solid EV momentum and upside if tariffs ease. Learn more on GM stock here.
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.
Even with shares down 12% this year, Tesla Inc. (NASDAQ:TSLA) still carries an out-of-this-world price-to-earnings ratio of 189x. That's not just lofty—it's meme-level. Tesla's Valuation Is Still From Another Planet For context,
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. Governor Landry signs executive order to form new alternative accrediting body in Louisiana
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.