General Motors remains profitable in China market for 3 quarters in a row

Shanghai (Gasgoo)- General Motors （"GM"） has reported solid financial results for the second quarter (Q2) of 2025, posting $47.1 billion in revenue and $1.9 billion in net income attributable to stakeholders, with adjusted EBIT reaching $3 billion.

The company reaffirmed its full-year financial outlook unchanged.

In a letter to shareholders, GM's Chair and CEO Mary Barra highlighted the company's continued product appeal, growing consumer loyalty, and the increasing value of technologies such as OnStar and Super Cruise. She also praised the global team for its creativity and resilience.

A notable highlight from the quarter was GM's performance in China, where the company has now remained profitable for three consecutive quarters since Q4 2024.

In Q2 2025, GM and its joint ventures in China—SAIC-GM and SAIC-GM-Wuling—achieved their largest quarterly sales growth in four years.

Public data shows that sales of GM and its China joint ventures in the country exceeded 447,000 vehicles in Q2 2025, up 20% year-on-year, marking the second consecutive quarter of year-over-year growth and the strongest single-quarter growth rate since Q1 2021. In the first half of 2025, combined sales from GM and its joint ventures in China surpassed 890,000 units, up 9.4% compared with the same period last year.

This growth was driven by the expansion of GM's new energy vehicle portfolio and the strong performance of its best-selling models.

"In China, the performance of our new energy vehicles has been especially strong," said Mary Barra. "in Q2, we reported our second consecutive quarter of year-over-year sales growth. We gained the most share among foreign OEMs, and we reported positive equity income."