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- GM’s Valuation Is ‘Dumbfounding.’ How It Plans to Win in the Age of AI and EVs.
- GM aims to develop vehicles in as little as two years with AI, software push
General Motors is leaning on AI and vehicle software for growth as Chinese automakers gain ground abroad and the U.S. market gets tougher. GM now targets a development cycle of roughly two years from concept to production, versus a traditional four to five years, though it did not give a timeline for reaching that goal. The automaker reconfirmed that by 2028 it wants eyes-off highway driving, starting on the Cadillac Escalade IQ EV, and that its in-house OnStar AI assistant will launch on the 2027 Cadillac Lyriq EV via over-the-air update in the coming months. Its next-generation vehicles are expected to have 40 times the computing power and up to 50% faster cellular connectivity, plus 25% better aerodynamics and 15% less weight. GM said it virtually tested more than 300,000 battery designs before building a single physical prototype.
- General Motors' Q3 Sales Slipped. Its Profits Soared. Here Are 3 Takeaways Investors Must Note.
General Motors' third-quarter U.S. sales fell 6.3% and revenue rose only 2.9%, but net income jumped 151% to $3.34 billion, helped by strong full-size truck sales and high-margin subscription services. OnStar recognized revenue rose 15% to $800 million, and GM expects subscription revenue to reach $10.5 billion this year and to add 1 million subscribers by the end of 2026. The company authorized a record $20 billion share repurchase, which the article says could retire roughly a quarter of its shares at current prices. Shares fell about 8% by mid-afternoon on October 20, as CEO Mary Barra cited intensifying external headwinds, including commodity inflation projected to cost about $2 billion this year. The article notes that the higher-priced vehicle strategy is reducing sales volume, though it is paying off on the bottom line for now.
- General Motor Q3 Sales Slipped . Its Profits Soared . Here Are 3 Takeaways Investors Must Note .
General Motors' third-quarter net income jumped 151% to $3.34 billion, while revenue rose only 2.9% and U.S. sales fell 6.3%, as the automaker leaned on high-margin full-size trucks. OnStar recognized revenue rose 15% to $800 million, and subscription revenue was on pace to reach $10.5 billion this year, with a goal of adding 1 million subscribers by the end of 2026. GM authorized a record $20 billion share repurchase program, which could retire roughly a quarter of its shares at current prices. Shares fell about 8% by mid-afternoon on Oct. 20 after CEO Mary Barra warned of intensifying external headwinds, with total commodity inflation projected to cost about $2 billion this year. The article argues the trade-off is lower volume for higher margins and says investors should watch how GM addresses affordability and captures rising hybrid demand.
- 2027 Chevy Silverado , GMC Sierra : GM New Profit Drivers
GM is relying on its next-generation full-size pickups to offset higher costs. The 2027 Chevrolet Silverado 1500 and GMC Sierra 1500 are starting production across six plants, beginning at Silao in Mexico, and should reach showrooms by year-end. The changeover will remove about 35,000 vehicles from inventory, but GM expects to build as many trucks in 2027 as it did in 2026. Third-quarter net income rose 151% to $3.34 billion, and revenue grew almost 3% to about $50 billion. North America profit before taxes and interest rose 43% to $3.6 billion even as U.S. sales fell 6.3%, while OnStar revenue reached $800 million, up 15%.
- General Motors Sinks 6% Despite Earnings Beat and New Buyback as Outlook Narrows; Ford Slips, Tesla Barely Budges
General Motors shares fell 6% to $77.87 despite third-quarter adjusted EPS of $3.70 beating the $3.63 consensus and revenue of $50.02 billion topping $48.76 billion, alongside a new $20 billion buyback. Investors reacted to the narrowed 2026 adjusted operating profit guidance of $14.5 billion to $15.5 billion, whose midpoint was unchanged, and to a full-year profit forecast that missed Wall Street estimates. Commodity inflation, including memory chip costs, is now expected at the top of prior ranges, and international adjusted operating profit fell 87.7% to $28 million while China equity income dropped 60.3%. Free cash flow guidance was raised to $11.5 billion to $12.5 billion, while Ford fell 2% and Tesla barely moved.
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