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GM reports 5.5% decline in third-quarter U.S. sales as EV sales drop
GM’s electric-vehicle sales fell across its lineup, and the company said 670,974 vehicles sold in the quarter, down from 710,347 a year earlier.
- On Thursday, October 1, 2026, General Motors reported a 5.5% year-over-year sales decline, with 670,974 vehicles sold during the third quarter.
- General Motors' U.S. sales have dropped more than 6% through the first nine months of 2026 as the automaker grapples with lower demand compared to a record 2025.
- High fuel prices, with an AAA national average of $4.41, are impacting sales of big trucks and SUVs, while enthusiasm for electric vehicles wanes across the automaker's lineup.
- Despite offering a broad electric vehicle lineup, the Detroit automaker currently offers only one hybrid vehicle, a Corvette, while working to sell off top-selling trucks.
- Cox Automotive raised its 2026 industry forecast by roughly 2% to 16.1 million units, while GM North American President Duncan Aldred stated the company's business remains strong.
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13 Articles
13 Articles
General Motors reported a fall in sales in the third quarter, as discontinued models and a weaker market for electric vehicles pressed the company's performance. Exclusive material for subscribers. To have full access, access the material link and register.
·Rio de Janeiro, Brazil
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Quarterly sales of General Motors in the US decreased by 5.5% compared to the previous year, with a total of 670,974 units sold. Buick highlighted with an increase of 7.9% in its deliveries.Despite the fall in electric vehicles, GM highlighted the growth in small SUVs and large vans.The firm hopes to lead the truck market for the seventh consecutive year.
·Buenos Aires, Argentina
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Coverage Details
Total News Sources13
Leaning Left1Leaning Right3Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
11%
C 56%
R 33%
Factuality
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