Despite incurring a significant $1.1 billion loss in the second quarter of 2025 due to new tariff implementations, General Motors (GM) reported total revenues of $47.1 billion, surpassing Wall Street's expectations. The company demonstrated remarkable growth in its electric vehicle (EV) sector, with sales surging 111% year-over-year, establishing Chevy as the second-highest selling EV brand in the U.S. GM plans to counteract future tariff impacts with a $4 billion investment to localize production in North America and is expanding its partnership with LG Energy Solution for more affordable battery technology. This strategic focus on EVs, despite financial headwinds from tariffs, underscores their importance as a "north star" for GM's long-term profitability and sustainability.
