General Motors 2Q Sales Fall, Hurt by Smaller EV Market

Dow Jones

Jul 01

General Motors reported lower second-quarter sales, dragged down by a smaller electric-vehicle market, discontinued vehicles and some inventory constraints.

The company sold 714,896 vehicles during the recent quarter, down 4.2% from a year earlier.

Despite the decrease, North American President Duncan Aldred said Wednesday that General Motors led the market in sales.

"Our business is performing well, and customer demand is resilient, especially for our trucks and SUVs," he said, adding the company's discipline on inventory, pricing and incentives helped it deliver strong margins.

General Motors said its average transaction price of more than $52,400 during the recent quarter reflected its strength in trucks, SUVs and the luxury market. The company added that it continued to offer six budget-friendly Chevrolet and Buick models, with starting manufacturer's suggested retail prices of about $30,000 or less.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

July 01, 2026 11:52 ET (15:52 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2648426055"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2648426055\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2648426055?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-01 23:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2648426055","market":"nz","top_or_hot":-1,"title":"General Motors 2Q Sales Fall, Hurt by Smaller EV Market","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  General Motors reported lower second-quarter sales, dragged down by a smaller electric-vehicle market, discontinued vehicles and some inventory constraints. \n</p>\n<p>\n  The company sold 714,896 vehicles during the recent quarter, down 4.2% from a year earlier. \n</p>\n<p>\n  Despite the decrease, <a href=\"https://laohu8.com/S/FNCSF\">North American</a> President Duncan Aldred said Wednesday that General Motors led the market in sales. \n</p>\n<p>\n  \"Our business is performing well, and customer demand is resilient, especially for our trucks and SUVs,\" he said, adding the company's discipline on inventory, pricing and incentives helped it deliver strong margins. \n</p>\n<p>\n  General Motors said its average transaction price of more than $52,400 during the recent quarter reflected its strength in trucks, SUVs and the luxury market. The company added that it continued to offer six budget-friendly Chevrolet and Buick models, with starting manufacturer's suggested retail prices of about $30,000 or less. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 01, 2026 11:52 ET (15:52 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>General Motors 2Q Sales Fall, Hurt by Smaller EV Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGeneral Motors 2Q Sales Fall, Hurt by Smaller EV Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-01 23:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  General Motors reported lower second-quarter sales, dragged down by a smaller electric-vehicle market, discontinued vehicles and some inventory constraints. \n</p>\n<p>\n  The company sold 714,896 vehicles during the recent quarter, down 4.2% from a year earlier. \n</p>\n<p>\n  Despite the decrease, <a href=\"https://laohu8.com/S/FNCSF\">North American</a> President Duncan Aldred said Wednesday that General Motors led the market in sales. \n</p>\n<p>\n  \"Our business is performing well, and customer demand is resilient, especially for our trucks and SUVs,\" he said, adding the company's discipline on inventory, pricing and incentives helped it deliver strong margins. \n</p>\n<p>\n  General Motors said its average transaction price of more than $52,400 during the recent quarter reflected its strength in trucks, SUVs and the luxury market. The company added that it continued to offer six budget-friendly Chevrolet and Buick models, with starting manufacturer's suggested retail prices of about $30,000 or less. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 01, 2026 11:52 ET (15:52 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CARD","symbol_name":"MAX Auto Industry -3X Inverse Leveraged ETN","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2648426055","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2648426055","pubTimestamp":1782921120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"General Motors reported lower second-quarter sales, dragged down by a smaller electric-vehicle market, discontinued vehicles and some inventory constraints.The company sold 714,896 vehicles during the recent quarter, down 4.2% from a year earlier.Despite the decrease, North American President Duncan Aldred said Wednesday that General Motors led the market in sales.\"Our business is performing well, and customer demand is resilient, especially for our trucks and SUVs,\" he said, adding the company's discipline on inventory, pricing and incentives helped it deliver strong margins.General Motors said its average transaction price of more than $52,400 during the recent quarter reflected its strength in trucks, SUVs and the luxury market. The company added that it continued to offer six budget-friendly Chevrolet and Buick models, with starting manufacturer's suggested retail prices of about $30,000 or less.Write to Connor Hart at connor.hart@wsj.com Dow Jones NewswiresJuly 01, 2026 11:52 ET C","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CARD":"MAX Auto Industry -3X Inverse Leveraged ETN","GM":"通用汽车"},"translate_title":"受电动汽车市场萎缩影响，通用汽车第二季度销量下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GM":1.5,"CARD":1.5},"content_text":"General Motors reported lower second-quarter sales, dragged down by a smaller electric-vehicle market, discontinued vehicles and some inventory constraints. \n\n\n  The company sold 714,896 vehicles during the recent quarter, down 4.2% from a year earlier. \n\n\n  Despite the decrease, North American President Duncan Aldred said Wednesday that General Motors led the market in sales. \n\n\n  \"Our business is performing well, and customer demand is resilient, especially for our trucks and SUVs,\" he said, adding the company's discipline on inventory, pricing and incentives helped it deliver strong margins. \n\n\n  General Motors said its average transaction price of more than $52,400 during the recent quarter reflected its strength in trucks, SUVs and the luxury market. The company added that it continued to offer six budget-friendly Chevrolet and Buick models, with starting manufacturer's suggested retail prices of about $30,000 or less. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 01, 2026 11:52 ET (15:52 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}