$GM

Cox Automotive forecasts GM and Ford to lose U.S. market share in Q3, with Asian brands accounting for over half of new-vehicle sales. GM and Ford are expected to fall to 36% market share, a record low. Cox projects Q3 sales of 4.12 million vehicles, raising its full-year forecast to 16.1 million. Toyota and Hyundai are projected to gain share, while Tesla's sales are expected to drop 31%.

General Motors Defense delivered its first batch of components for Lockheed Martin's PAC-3 MSE Patriot missiles, accelerating production. The collaboration aims to boost missile output amid high demand, with Lockheed planning to increase production to 2,000 missiles per year by 2030. The partnership is part of a broader agreement to strengthen U.S. defense industrial capabilities.

Ford and GM sales are expected to decline by 8.8% and 6.2% respectively through Q3 2026, reducing their market shares to 12.5% and 16.7%. Stellantis is projected to gain market share. Combined, the three U.S. automakers' market share is expected to hit an all-time low of 36%. Hyundai, Kia, Toyota, and Honda are seeing sales increases, with Hyundai and Kia potentially outselling Ford in the first three quarters of 2026.

U.S. Customs and Border Protection has issued $135B in tariff refunds to businesses, including Walmart ($2.9B) and Apple ($2.2B). A Fed study found 75% of companies plan to retain refunds, with only 15% intending to lower prices. Walmart plans to cut prices. Consumer advocates and lawmakers demand refunds for average Americans.

GM's 2027 Silverado HD and Sierra HD trucks will feature upgraded brakes, including larger rotors, new calipers, and an electronic brake-boost system. The changes aim to improve stopping power, reduce weight, and enhance safety. GM claims the new system can shorten stopping distances by up to 20% while towing. The updates are part of a broader set of towing-focused improvements expected to arrive in late 2026.

General Motors unveiled four new engine types for its 2027 Chevy Silverado and GMC Sierra pickups, each designed for specific customer needs. The engines include a 5.7L V-8, 6.6L V-8, enhanced TurboMax, and Duramax 3.0L Turbo-Diesel, with power outputs ranging from 305 to 481 hp. GM aims to meet future emission requirements while optimizing fuel economy and performance.

GM and Ford's Q3 US new vehicle sales are projected to decline 5.2% and 2.4% year-over-year, respectively, according to Cox Automotive. This follows a 10.3% drop for GM and a 12.7% decrease for Ford in Q2. The data may impact investor sentiment in the automotive sector.

General Motors (GM) and Cirba Solutions completed a pilot program using 100% recycled critical minerals from end-of-life EV batteries to produce new battery cells. The recycled materials, processed into Black Mass, met the same standards as virgin minerals. GM's Ultium Cells, a joint venture with LG Energy Solution, assembled these cells into battery modules and packs. The first EVs with these recycled batteries are now being delivered to consumers.

General Motors, Ford, Hyundai, Chrysler, Rivian, Toyota, and Volkswagen are recalling various vehicle models due to safety issues. GM is recalling 306,511 vehicles for rearview camera display problems. Ford is recalling 2,711 Bronco vehicles for airbag issues and 86 Mustang Mach-E vehicles for fire risk. Hyundai is recalling 5,360 Ioniq 9 vehicles for power seat malfunctions. Chrysler is recalling 97,349 Jeep vehicles for roof rack crossbar detachment.

GM unveiled updates for its 2027 heavy-duty truck lineup, including a new Duramax 8.3L Turbo-Diesel V8 engine with 555 hp and 1,230 lb-ft of torque. The trucks feature segment-first technologies like rack-and-pinion Electric Power Steering and an electronic brake-boost system. The updates aim to strengthen GM's position in the heavy-duty truck market, with the new diesel engine and enhanced 6.6L gas V8 paired with an Allison 10-speed transmission.