General Motors (GM) Q3 FY26 earnings call

General Motors delivered a strong Q3 FY26, marked by robust earnings and cash flow, driven by solid North American performance and effective cost management. The company announced a significant $20 billion share repurchase authorization, underscoring confidence in future cash generation. However, intensifying external headwinds from commodity inflation and logistics are creating a more challenging cost environment, particularly for the upcoming year, requiring management to focus on offsets and operational discipline.