General Motors reported adjusted EPS of $2.51 for Q4 2025, beating consensus by 11%, and generated revenue of $45.29 billion. The outsized beat drove an 8.8% share surge on January 27, building on a total shareholder return of 54% in 2025. Despite a 5.1% year-over-year revenue decline, management authorized a $6 billion share repurchase and raised the quarterly dividend by 20%. For 2026, GM guided adjusted EPS of $11–$13, implying 13% earnings growth, while cautioning that net income for the full year was impacted by $7.2 billion in special charges related to EV capacity rationalization and supply-chain settlements.

GM’s EV segment is rapidly scaling toward profitability, driven by cost reductions in its Ultium Drive system and expanded battery capacity across Ohio, Tennessee and Lansing. The company has launched the Hummer EV, Chevy Silverado EV and Cadillac Lyriq, targeting a break-even EV business by late 2026. A planned multi-hundred-million-dollar investment in additional battery production facilities underpins GM’s push for vertical integration, designed to insulate margins from raw-material volatility and strengthen supply-chain resilience.

Cruise, GM’s self-driving unit, is on track to start charging fares in key U.S. markets by mid-2025. A strategic partnership with Uber Technologies will integrate Cruise robotaxis into Uber’s ride-hail network, providing a new revenue stream and accelerating utilization of GM’s autonomous fleet. Analysts estimate Cruise revenues could exceed $500 million by 2027, contingent on regulatory approvals and fleet scale-up, while cutting unit costs through software updates and improved hardware sourcing.

GM is investing tens of millions of dollars in its Fairfax Assembly Plant to boost wages and upskill 2,500 employees annually in advanced manufacturing and electrification. The Kansas City facility will transition from Bolt EV production to a gas-powered Equinox and a next-generation Buick compact SUV later this year. These workforce initiatives, coupled with over $500 million invested in U.S. apprenticeships over five years, aim to ensure production readiness for three major vehicle launches and support GM’s long-term competitiveness in both EV and internal-combustion segments.