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General Motors (NYSE: GM)* today reported Q1 2026 revenue of $43.6 billion, net income attributable to stockholders of $2.6 billion, and EBIT-adjusted number of $4.3 billion. This was an EPS of $3.70 compared analyst’s predictions $2.61. The company is raising its full-year 2026 EBIT adjusted guidance due to a favorable adjustment of a~$0.5 billion resulting from the U.S. Supreme Court decision regarding certain U.S. tariffs that were paid under the International Emergency Economic Powers Act.**
“We have solid momentum in our core operations. We maintained overall sales leadership in the U.S. and Canada. We led the U.S. industry in full-size pickup sales and share, with 42% of the market, and we were #1 in Fleet, including Commercial deliveries. In addition, we were Number Two in EVs with growing market share, and Number One in Canada,” said CEO and Chair Mary Barra. Continue reading
IIHS – Drivers More Likely To Use Phones While Speeding
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Drivers are more likely to use their phones while speeding, a tendency that increases crash risk by combining two dangerous behaviors, according to a new study released today by the Insurance Institute for Highway Safety.*
“Until now, safety experts believed drivers used their cellphones most at slower speeds,” said IIHS President David Harkey. “But data from insurance companies’ safe-driving apps show that, in free-flowing traffic, the opposite is true.”** Continue reading →