General Motors (GM) reported a dip in Q4 sales but strong overall results for 2025 in the US, with sales slipping 6.9% in Q4 to just over 703,000 vehicles, up 5.5% for the year. The automaker cited strong full-size pickup and SUV sales, but EV sales fell 43% in Q4. GM’s market share rose to around 17%.

Looking at GM’s product lineup, standout sales included the Buick Enclave SUV, Chevrolet Colorado midsize pickup, and GMC Traverse SUV. GM claimed to grow sales and market share with low incentives, citing a 4.3% incentives to average transaction price ratio, in line with the industry average. Dealer inventory levels declined 18% as planned.

Despite a decline in EV sales, GM remains the No. 2 EV seller in the US. The automaker took a $1.6 billion charge earlier in the quarter for adjustments to its EV plans, with $1.2 billion in non-cash charges and $400 million in cash related to contract cancellations and EV investments. GM previously announced it would report Q4 and full-year results on Jan. 27.

Read more at Yahoo Finance: GM reports Q4 dip, but full-year sales jump 5.5%, making it the top US automaker