General Motors posted a stronger-than-expected Q2 2026, beating earnings and revenue forecasts as adjusted metrics rose, but shares fell after a $2.3 billion one-time charge tied to EV-related changes trimmed reported net income by about 31%. On an adjusted basis, Q2 results were solid, with adjusted EBIT up around 30% and North America remaining the main profit driver as demand for pickups and SUVs stayed solid. GM raised its full-year pretax guidance to $14–$16 billion and kept an expected tariff bill of $2.5–$3.5 billion, signaling ongoing cost controls and EV-cost reductions in the coming periods. The company highlighted strong performance in its U.S. lineups while continuing to manage EV transition costs and efficiency across regions, even as China profitability remained a challenge. Analysts had expected roughly flat revenue with a higher profit, and GM’s updated outlook reflects a manufacturing-focused margin expansion strategy amid mixed EV-market results.