GM (NYSE: GM) posted solid second quarter and first half results today based on sales of traditional trucks, SUVs with stable prices and low incentives, as well as record EV sales and market share in Q2. GM is launching eight all-new or redesigned compact, mid-size and full-size internal combustion engine (ICE ) models in North America, including high-volume vehicles such as the Chevrolet Equinox, and its range of mid-size SUVs. All, repeat all, of which have higher margins than the outgoing models. GM Financial posted net income of $610 million for the quarter ended 30 June 2024, compared to $536 million for the quarter ended 31 March 2024, and $571 million for the quarter ended 30 June 2023. Net income for the six months ending 30 June 2024 was $1.1 billion, compared to $1.2 billion for the six months ending 30 June 2023. All told General Motors earned $3.06 a share on an adjusted basis in Q2, up from $1.91 a year ago. Simply put, the strong results in a complex multi-factor equation came from GM increasing market share by selling affordable SUV’s and GM’s freshened mid-size SUV’s are some of the fastest growing vehicles in that segment.