General Motors Q3 Performance on Track with Truck Launch and Digital Growth Driving 2027 Outlook
General Motors (GM) is maintaining a positive outlook for the third quarter of 2026, citing strong consumer demand, disciplined inventory management, and production operating near full capacity. CFO Paul Jacobson noted that while retail demand has been stronger than expected, it hasn't significantly altered GM's production plans due to its wholesale business model. Looking ahead, GM anticipates seasonal weakness in the fourth quarter along with a loss of about 35,000 truck units during platform transition. However, for 2027, revenue, EBIT, and free cash flow are expected to grow driven by new truck launches, lower EV losses, warranty improvements, onshoring efforts, defense business expansion, and digital services growth. Digital services have become a key driver of GM's future performance, with the company projecting $3 billion in digital revenue for 2026. Growth is anticipated from OnStar and Super Cruise technologies, as well as advanced driving capabilities expected by 2028.
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