GM Strong Earnings: High Margin Gas SUVs Boosting Sales

5 days ago

Valerie Titel

"Good morning, Nathan. Yes, gas guzzlers are back. That's essentially what these results have said. GM shares are up 8 and a half%. They've been continually climbing since these results are out 30 minutes ago. A strong read across the board, a beat in their third quarter uh quarter earnings, and a raise to their fullear guidance. And the bullish outlook comes as GM has seen a jump in sales of high margin gas-powered SUVs and trucks. This being partly enabled by the swing in federal emissions policy to looser regulatory environment under the Trump administration."

Valerie outlines GM's robust earnings driven by increased sales of high margin gas-powered SUVs and trucks, boosted by a looser regulatory environment and tariff relief. Although near-term EV growth may be subdued, the strong consumer demand for traditional models drives a bullish near-term outlook.

Related Stocks