{
  "id": 11754160,
  "title": "General Motors reports lower sales on big drop in EVs",
  "url": "https://urgent.news/2026/10/02/general-motors-reports-lower-sales-on-big-drop-in-evs",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-02T21:00:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/734709/business/general-motors-reports-lower-sales-on-big-drop-in-evs"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}