GM Reports Q1 2026 Earnings Results with Adjusted EBIT and Market Share Insights
General Motors (GM) reported Q1 2026 earnings with an adjusted EBIT of $4.3 billion, driven by a Supreme Court tariff adjustment and lower EV losses. The company saw a 13% U.S. EV market share at quarter-end, up from 10% in December 2025, but faced a $1.1 billion charge related to EV contracts and supplier claims. Total revenue declined slightly due to lower EV wholesale volumes.
Tickers: $GM
Topics: earnings EBIT EV market market share revenue tariff costs