# GM Posts Record $50 Billion Quarter as EV Strategy Evolves

> GM reports $50 billion quarterly revenue as EV strategy shifts.
- Title: GM Posts Record $50 Billion Quarter as EV Strategy Evolves
- Summary: GM reports $50 billion quarterly revenue as EV strategy shifts. General Motors achieved record $50 billion quarterly gross revenue with EV strategy evolving…
- Keywords: general motors, chevrolet silverado, gmc sierra, super cruise, onstar, ev strategy, tariffs, 2027 chevy silverado, 2028 cadillac escalade iq, tesla, cars, sports
- Source: Autoweek — https://autoweek.com/news/a74198021/gm-posts-record-50-billion-quarter
- Author: Todd Lassa
- Published: 2026-10-21T02:27:45+00:00
- Read time: 1 min
- Topics: general motors, chevrolet silverado, gmc sierra, super cruise, onstar, ev strategy, tariffs, 2027 chevy silverado, 2028 cadillac escalade iq, tesla, cars, sports
## GM reports record quarterly revenue
General Motors reported $50 billion quarterly gross revenue for the three months ended September 30, 2026.
## EV strategy shifts with tariff costs
GM paid $1.8 billion in tariffs year-to-date and expects $2.5, $3.5 billion in full-year 2026 tariffs.
## EV financial outlook for 2027
GM expects improved EV financial results in 2027 with slower cost reductions than 2026.
## EV program losses projected
GM aims to cut EV program losses from $1.5 billion to $1 billion for the full year.
## President Reuss on EV strategy
President Mark Reuss stated GM has absorbed over $11 billion in EV-related charges but is not overreacting to federal policy shifts.
## Super Cruise autonomous driving
GM plans to launch Level 3 Super Cruise autonomous driving in the 2028 Cadillac Escalade IQ.
## EV market share trends
GM holds second place in US EV sales with 5.8 percent market share, down from 7.4 percent in Q3 2025.
## Hybrid market strategy
GM focuses on hybrid-electric models for compact crossovers and sport utilities rather than mid-size vehicles.
## 2027 pickup truck production
New 2027 Chevy Silverado and GMC Sierra production begins at Silao assembly plant in Mexico this year.
## Key takeaway

General Motors achieved record $50 billion quarterly gross revenue with EV strategy evolving amid tariff costs and production shifts.