GM(US:GM) Mei Ri Jing Ji Xin Wen·2025-07-23 10:05Group 1 - General Motors (GM) reported Q2 financial results with net revenue of approximately $47.1 billion and net profit of $1.9 billion, reflecting the company's resilience according to CEO Mary Barra [1] - The company updated its 2025 financial outlook earlier this year, anticipating an impact of $4 to $5 billion from new trade and tax policies, but expects to offset at least 30% of this impact [1] - In China, GM has made several adjustments, including restructuring its high-end imported vehicle platform, which has led to three consecutive quarters of profitability for GM and its joint ventures starting from Q4 2024 [1] Group 2 - SAIC-GM, GM's joint venture, has returned to positive growth with cumulative sales of approximately 245,000 units in the first half of the year, representing an 8.64% year-on-year increase [2] - The company has implemented various measures such as accelerating project development, reducing costs, and reorganizing its internal decision-making processes to achieve profitability since Q4 of the previous year [2] - GM has defined this year as a "counterattack" year, focusing on deepening "localization" cooperation in China, with new models primarily developed by SAIC-GM and Pan Asia Technical Automotive Center [3] Group 3 - SAIC-GM has introduced a new generation "Xiaoyao" super integration vehicle architecture, which will be the basis for all local new energy models starting in 2025 [3] - The Buick brand has launched its new high-end electric sub-brand "Zhijing," with its first sedan, Zhijing L7, featuring the locally developed "Xiaoyao" architecture [3] - GM plans to offer a diverse range of consumer choices through localized solutions, covering pure electric, plug-in hybrid, and range-extended new energy technologies for all new local models launched this year [3]