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General Motors (NYSE: GM) today posted relatively strong earnings for Q2 and H1 2025 given the ongoing chaos of the Trump Administration and its obsession with economic policies and tariffs that are harmful to the economy, consumers, and GM, which took expensive tariff hits of $1.1 billion on its balance sheet. With Q2 global sales of 1,539,000, and strong U.S. Q2 sales growth at all brands, GM estimated it increased its U.S. market share to 17.4%, making it first in total sales, with 747,000 vehicles delivered during and Q2 and 1.4 million H1 deliveries. This not arguably, but almost certainly makes GM number one in retail sales, up 10% Q2 YoY and up 12% H1 YoY.
“Despite slower EV industry growth, we believe the long-term future is profitable electric vehicle production, and this continues to be our north star. As we adjust to changing demand, we will prioritize our customers, brands, and a flexible manufacturing footprint, and leverage our domestic battery investments and other profit-improvement plans,” said Mary Barra, GM Chair and CEO, “Overall, GM is well positioned to succeed in an ICE market that now has a longer runway, Barra said. Continue reading
Annals of Marketing – Our Volvo Story Sweepstakes
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Volvo Car Americas said today that it is debuting a new ad campaign dubbed “Our Volvo Story” along with a sweepstakes to celebrate 70 years in the United States.*
“Everyone has a Volvo story and this is about honoring the people who have been a part of our journey, from families who have passed down their Volvo through generations, to the employees and retailers who have helped shape the brand,” said Luis Rezende, President, Volvo Car Americas. “As we celebrate 70 years and the impact we’ve had in the United States, we’re excited to invite consumers to create their own Volvo story with a chance to win a new Volvo EX90, assembled right here in South Carolina. This celebration is not just about where we’ve been but about honoring the people who’ve been with us along the way, and where we’re going next.”** Continue reading →