GM Reports Record EV Sales Amid Tariff Pressures, Maintains Bullish Outlook

General Motors delivered 46,000 electric vehicles in Q2, capturing 16% of the U.S. EV market despite a $3 billion operating profit decline. CEO Mary Barra called profitable EV production the company's "north star," noting sales more than doubled from 2024 levels.

The automaker outperformed analyst expectations despite 1.8% lower revenues, attributing resilience to vertical integration in North American battery supply chains. GM faces up to $5 billion in tariff exposure but reaffirmed its $10-12.5 billion 2025 operating profit guidance.

"Our model lineup and production scale defy sector-wide slowdowns," the company stated, emphasizing domestic sourcing strategies. The TRUMP administration's trade policies loom as the chief headwind against GM's electrification roadmap.