General Motors reports lower sales on big drop in EVs
General Motors has reported a dip in third-quarter auto, as a drop in demand for electric vehicles more than offset rising interest in small, lower-priced SUVs.The big US automaker reported deliveries...
General Motors disclosed a decline in third-quarter auto sales, with electric vehicles witnessing a significant drop that outpaced the growth in small, lower-priced SUVs. The US automaker reported 670,974 deliveries, a 5.5% decrease compared to the previous year. During 2025, GM and other automakers observed a surge in EV sales as US consumers rushed to dealerships prior to the expiration of a tax credit on September 30, 2025, following a policy change supported by former US President Donald Trump.
However, the third-quarter 2025 EV sales led to a decline of over 90% in GM's sales of the electric Chevrolet Equinox SUV. While the gasoline-powered Equinox also experienced a slight decrease compared to the previous year, GM highlighted the strong performance of smaller sport utility vehicles as a key highlight of the quarter.
GM reported that overall sales of affordable small SUVs increased by 27%, with the Chevrolet Trax, Chevrolet Trailblazer, and Buick Envista all showing growth. Despite persistent inflation impacting consumers, dealerships continued to see shoppers purchasing cars, sometimes opting for lower-cost alternatives when their initial choice was unaffordable.
Auto analysts noted that overall third-quarter US sales were estimated at 4.1 million, a 0.7% decrease compared to the previous year.
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