General Motors is set to report third-quarter earnings amid challenges in the automotive industry. Wall Street expects earnings per share of $2.31 and revenue of $45.27 billion, marking a 7.2% revenue decrease and 22% drop in adjusted earnings compared to last year. GM faces a $1.6 billion special-item impact from its pullback in all-electric vehicles.

GM’s results may be impacted by changes in truck production, trim mix, and warranty costs. The company expects increased tariff costs between $4 billion and $5 billion in 2025. GM’s full-year guidance includes adjusted EBIT of $10 billion to $12.5 billion and adjusted earnings per share between $8.25 and $10.

Despite challenges, GM shares are up about 9% in 2025. Analysts express concerns about GM potentially missing estimates for the quarter. The broader auto industry faces challenges from changing regulations, tariffs, and inflation. CFO Paul Jacobson expects a slightly higher tariff impact in the third quarter compared to the previous quarter.

Read more at CNBC: General Motors (GM) earnings Q3 2025