GM Raises 2026 Guidance as North American Q2 Profit Jumps 43% to $3.45 Billion
Updated
Updated · Automotive News · Jul 21
GM Raises 2026 Guidance as North American Q2 Profit Jumps 43% to $3.45 Billion
3 articles · Updated · Automotive News · Jul 21
Summary
North American profit climbed 43% year over year to $3.45 billion in Q2, prompting GM to lift guidance again.
Global adjusted EBIT rose 30% to $3.94 billion, extending a stronger-than-expected quarter that also beat Wall Street earnings estimates.
GM earlier said it raised its full-year profit outlook by $500 million to as much as $16 billion after reporting adjusted EPS of $3.57 on $48.03 billion in revenue.
The improved outlook came despite $2.3 billion in one-time EV realignment charges, helped by premium truck pricing, stronger large-vehicle margins, cost cuts and lower tariff costs.