General Motors had a strong third quarter with high earnings and cash flow, recording its highest U.S. market share since 2017. Despite challenges like tariffs and EV sales slowdown, GM posted robust results, raising its full-year profit guidance. New car sales rose 4%, but EV profitability may suffer.
GM reported $3.1 billion operating profit in Q3 from $48.6 billion revenue, beating estimates. The company raised its full-year profit guidance to $12-13 billion. Despite lower profits due to tariffs, GM’s estimated tariff impact for 2025 is $3.5-4.5 billion, better than expected.
While facing challenges like EV tax credit loss, GM remains resilient with a strong sales mix and profitability. Despite EV asset write-downs, GM remains a top automotive stock at 10 times price to earnings. Investors should monitor GM’s stock for future potential amid industry headwinds.
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