General Motors' Q3 Sales up 8% as Consumers Rush to Cash in on EV Tax Credit (GM:NYSE)
GM doubled electric vehicle sales year-over-year to 66,501 in Q3, boosted by federal tax credits and strong crossover and SUV demand, marking the best sales pace in a decade.
10 Articles
10 Articles
Rush to Buy Before Tax Credit Expiration Drives Record EV Sales at Ford, GM
Consumers rushing to purchase electric vehicles prior to the expiration of a $7,500 federal tax credit led to record third-quarter electric vehicle (EV) sales for America’s largest automakers. Ford Motor Company said on Oct. 1 that its U.S. sales were up by 8.2 percent year over year in the third quarter. EV sales of 85,789 vehicles marked a nearly 20 percent increase for the quarter. The company’s U.S. sales have grown for seven consecutive mon…
General Motors Posts 8% Q3 Sales Increase, Sees Growth in Both ICE and EVs
Sales of the 2025 Chevrolet Equinox, both ICE and EV versions, are boosting GM’s sales growth. // Photo courtesy of GM General Motors Co. in Detroit says its third quarter U.S. vehicle sales were up 8 percent from the same period a year ago on continued strength in both electric and gas-powered vehicles. GM set another EV sales record in Q3, with 66,501 deliveries as industry-wide EV sales surged as customers took advantage of the $7,500 federal…
Sets New EV Record in Q3 ahead of Tax Credit Expiration
delivered a strong third-quarter performance, reporting 710,347 vehicle sales in the U.S., up 7.7% year-over-year. The upside was driven by surging demand for both electric and gas-powered models. Importantly, GM set a new quarterly record for electric vehicle (EV) sales during the…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium