General Motors CEO Mary Barra reiterated that electric vehicles remain the company’s strategic priority, even as recent federal proposals to relax fuel-economy standards and evolving trade measures have created uncertainty. She noted that the administration’s approach to rolling back emissions requirements has had a more pronounced effect on GM’s planning and capital allocation than tariff fluctuations, prompting the automaker to reevaluate production timing and supply-chain commitments for its forthcoming EV models.

In the third quarter, General Motors reported adjusted earnings per share of $2.80, surpassing consensus estimates by $0.48, on revenue of $48.6 billion, which exceeded forecasts by over $4 billion. Net margin stood at 1.6% and return on equity reached 12.3%. Management raised full-year 2025 earnings guidance to a range of $9.75–$10.50 per share, up from prior guidance of $9.00–$9.75, citing stronger than anticipated global demand for key pickup and SUV models and improved financing margins in its captive finance arm.

Commonwealth Equity Services trimmed its stake by 7.4%, selling 17,012 shares to end the quarter with 213,742 shares, valued at approximately $13 million at the time of filing. Brighton Jones increased its holdings by 456%, acquiring 31,755 shares in the fourth quarter, while Focus Partners Wealth boosted its position by 39.1%. On the insider front, President Mark Reuss reduced his holdings by over 70%, selling 260,600 shares for proceeds of $17.3 million, and Chief Accounting Officer Christopher Hatto sold 7,724 shares, signaling a cautious tone among senior executives.

Several brokerages adjusted their ratings in recent weeks: Piper Sandler raised its recommendation to overweight, citing potential upside once one-time costs are absorbed; Goldman Sachs boosted its outlook based on strong margin projections; and Morgan Stanley upgraded to overweight after revising sales forecasts. However, GM disclosed Q4 special charges totaling $7.1 billion—approximately $6 billion tied to EV investment writedowns due to shifting policy incentives and slower battery vehicle demand—and warned of additional EV-related costs extending into 2026, while announcing plans to cut over 1,000 jobs at two manufacturing plants to realign production capacity.