General Motors Gains Speed Ahead Of Q3 Results As Deliveries Surge
1. GM shares rise as EV momentum builds and truck sales perform well. 2. Analyst expects Q3 revenue around $45 billion driven by strong delivery trends. 3. EV deliveries rose 8% YOY, boosted by federal tax credit incentives. 4. Tariff pressures estimated at $4-$5 billion, impacting EBIT and cash flow. 5. Company investment in U.S. plants aims to counter tariffs and increase production.