GM's Q2 Net Revenue Reaches $48B, but EV Losses Squeeze Profit Margins通用汽车Q2净收入达48亿美元,电动车业务亏损挤压利润率
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GM reported Q2 2026 net revenue of $48 billion, but profit declined as EV-related business losses dented overall margins, according to the report published July 22, 2026 by Eric Walz.
GM attributed the Q2 profit decline partly to cost pressures from inflation and higher manufacturing expenses tied to onshoring more vehicle production to the U.S.
Despite these pressures, GM said its margins remained within its targeted 8-10% range for 2026, underscoring how EV-transition costs and reshoring investments are testing traditional automakers' ability to defend profitability while restructuring supply chains domestically.