General Motors Co. (NYSE:GM) CEO Mary Barra has said that China’s price war is “unsustainable” in the long term during the automaker’s second-quarter 2026 earnings call with investors.
Mary Barra Says GM Leading in Autonomous Efforts
During the earnings call, Barra was asked if she thought that intense pricing strategies in China with respect to autonomous features would affect pricing of vehicles in the U.S. She said that China’s “in-country solutions” were not sustainable, but added that in the U.S. context, she said that she believed autonomy would provide “pricing power.”
She pointed to GM offering its Super Cruise system was being made standard on “high-end Silverado and Sierra trims” next year. “I do think customers recognize the value…they are willing to pay,” she said. However, Barra added that GM still had a long way to go before the technology can be completely autonomous.
“I think there’s an opportunity to drive value for a long period of time, and we’ll see how the market plays out,” she said, while acknowledging the “incredibly important” tech to have on the automaker’s vehicles.
GM Records EV Charge
GM’s Executive VP and Chief Financial Officer Paul Jacobson said that the company was expanding its full-size SUV capacity. He then said that the automaker “recorded $10.9 billion of EV-related charges since the second half of 2025, of which approximately $7.2 billion will have a cash impact.” He added that GM had “paid $4.5 billion of this amount” through the second quarter.
Jacobson said that EV capacity “rightsizing” had caused “losses to improve by $1 billion to $1.5 billion for the full year.” He then said that the company expects wholesale EV sales to be up slightly in H2 2026.
Benzinga Edge Rankings show GM scores well on the Momentum and Value metrics, while also providing a favorable price trend in the Long term.
Price Action: GM shares were up 0.48% to $79.90 during overnight trading on Tuesday.
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