General Motors' 2025 profits have taken a significant hit despite the company's growing market share in the US. According to a recent report, the automaker's EV-related expenses have weighed heavily on its bottom line, offsetting gains from increased sales. As the industry continues to shift towards electric vehicles, GM is investing heavily in EV technology, battery development, and manufacturing capacity, resulting in higher upfront costs. With the US market share on the rise, investors will be watching closely to see how GM navigates this transition and whether its investments in EVs will pay off in the long term.
GM 2025 profit slumps on EV charges despite higher US market share Just Auto