General Motors reported better-than-expected earnings and revenue for Q2 2026, driven by strong demand for internal combustion engine (ICE) vehicles in North America. The company raised its full-year adjusted EBIT and free cash flow guidance, citing improved profit margins and favorable product mix and pricing. Despite a currently low valuation, GM's earnings yield of 16.6% appears undervalued given margin improvements and expected cost reductions in the second half of 2026. Key risks include oil price volatility, which could accelerate electric vehicle adoption and challenge GM's dominance in gas-powered vehicles.
General Motors and Ford have significantly decreased their discussion of electric vehicles (EVs) in recent earnings calls compared to pre-pandemic levels. Both automakers have delayed or scaled back EV plans, reflecting shifts in regulatory policies ...
General Motors plans to introduce its own in-vehicle AI assistant later this year, designed to be more integrated with its vehicles than the current Google Gemini AI. This new assistant will combine conversational AI with GM vehicle knowledge and OnS...
