GM's EV Sales Nosedive In Q3 2026

(MENAFN- Investor Brand Network) General Motors reported a steep slide in electric vehicle demand for the three months ending in September 2026, a slump heavy enough to weigh down the automaker's results for the quarter and for the year so far. Federal buyers lost the federal EV purchase incentive roughly twelve months ago, and the resulting drop-off looks to have landed harder than GM itself was braced for.

Analysts will be studying how EV makers like Ferrari N.V. (NYSE: RACE) fare in the U.S. given that...

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