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GM reports 5.5% decline in third-quarter U.S. sales as EV sales drop
GM sold 670,974 vehicles in the quarter, while weakening electric vehicle demand and high gasoline prices weighed on U.S. sales.
- On Thursday, October 1, 2026, General Motors reported a 5.5% year-over-year sales decline, with 670,974 vehicles sold during the third quarter.
- General Motors' U.S. sales have dropped more than 6% through the first nine months of 2026 as the automaker grapples with lower demand compared to a record 2025.
- High fuel prices, with an AAA national average of $4.41, are impacting sales of big trucks and SUVs, while enthusiasm for electric vehicles wanes across the automaker's lineup.
- Despite offering a broad electric vehicle lineup, the Detroit automaker currently offers only one hybrid vehicle, a Corvette, while working to sell off top-selling trucks.
- Cox Automotive raised its 2026 industry forecast by roughly 2% to 16.1 million units, while GM North American President Duncan Aldred stated the company's business remains strong.
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Quarterly sales of General Motors in the US decreased by 5.5% compared to the previous year, with a total of 670,974 units sold. Buick highlighted with an increase of 7.9% in its deliveries.Despite the fall in electric vehicles, GM highlighted the growth in small SUVs and large vans.The firm hopes to lead the truck market for the seventh consecutive year.
·Buenos Aires, Argentina
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Hybrid vehicle sales are expected to capture a growing share of the auto market as high gasoline prices put pressure on consumers.
Coverage Details
Total News Sources9
Leaning Left1Leaning Right2Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
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