General Motors reported a 57% decline in net income for Q3 of 2025, dropping to $1.32bn from $3.05bn the previous year. Revenue also slightly decreased to $48.59bn from $48.76bn. Adjusted EPS fell to $2.80 from $2.96, and adjusted EBIT dropped to $3.37bn from $4.11bn. Despite this, GM raised its full-year guidance, expecting adjusted EBIT between $12bn and $13bn, and adjusted EPS of $9.75 to $10.50. The company aims to improve profit margins in North America and address EV overcapacity to reduce losses in 2026 and beyond. Gains in China operations and international markets offset North America’s lower earnings.
Read more at Yahoo Finance: General Motors raises full-year forecasts despite sluggish Q3 results
