0940 ET - General Motors is investing up to $1.5 billion this year to onshore production to the U.S. and expand its software capabilities, CFO Paul Jacobson says on a call with analysts. GM's stepped up domestic manufacturing efforts will bring its U.S. production capacity to more than 2 million units next year, as well as further reduce the company's tariff exposure, CEO Mary Barra says. "At the same time, our high-margin software and services revenues continue to grow rapidly, with 1 million new subscriptions expected this year, contributing to more than $3 billion in recognized revenue next year," she adds. (connor.hart@wsj.com)

(END) Dow Jones Newswires

July 21, 2026 09:40 ET (13:40 GMT)

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