Market Share Growth
GM gained almost two full points of market share year-over-year in the US, outpacing every other major automaker, with Q1 margin in North America at 8.8%.
EV Market Position
GM achieved over 90% year-over-year growth in EVs, securing the number two position in the US market, with Cadillac EVs accounting for 20% of its US sales.
Successful Mitigation of Supply Chain Disruption
GM Supply chain team quickly overcame a fire at a supplier factory, limiting production impact to about 7,000 units, all expected to be recovered in Q2.
Strong US Manufacturing and Compliance
GM increased direct purchases in the US for North American production by 27% since 2019, with more than 80% USMCA compliant content in US assembled vehicles.
Cash Flow and Capital Management
GM reported adjusted automotive free cash flow guidance in the range of $7.5 billion to $10 billion and continued disciplined capital expenditures.