Vehicles sold wholesale to dealersFull-size truck & SUV profit engineCaptive finance (GM Financial)EV + software services bets
General Motors designs, builds and sells Chevrolet, GMC, Cadillac and Buick trucks, SUVs, crossovers and EVs, mostly wholesale to independent dealers, then earns a second profit stream by financing and leasing those vehicles through its captive lender, GM Financial. FY2025 (year ended Dec 31, 2025) revenue was $185.02B (−1.3%), of which $160.51B came from selling vehicles, parts and accessories; FY2025 net income attributable to stockholders was $2.70B (−55%) after $9.8B of special charges, mostly an EV capacity realignment, while EBIT-adjusted was $12.75B.
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