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GM Boosts Profit Outlook Despite EV Write-Downs

10/27/2025

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Story summary
  • General Motors (GM) reported third-quarter results, with an operating profit of $3.1 billion on revenue of $48.6 billion.
  • GM raised its full-year profit guidance to between $12 billion and $13 billion, down from last year's nearly $15 billion.
  • The company said U.S. tariffs will weigh on results, with an expected 2025 impact of $3.5–$4.5 billion.
  • GM booked $1.6 billion in write-downs on EV assets, and new car sales rose 4% through August.