GM reports 5.5% decline in third-quarter U.S. sales as EV sales drop
- Posted on October 1, 2026
- By CNBC
- 1 Views
- 1 min read
General Motors faced a challenging third quarter with U.S. sales declining by 5.5%, driven primarily by a significant downturn in electric vehicle demand. As consumer interest in EVs softens amid economic uncertainties and evolving market dynamics, GM's all-electric portfolio experienced across-the-board sales reductions. This decline reflects broader industry concerns about EV adoption rates and highlights the competitive pressures facing traditional automakers transitioning to electrification during an unpredictable market landscape.
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