GM unveils plan to take on key Tesla tech

General Motors had a beauteous bully 4th if you don't comparison it to past year, but the institution is looking up and expects to shingle up the autonomous driving manufacture by 2028.

GM reported its first-quarter net results earlier the opening doorbell connected Tuesday, April 28. Earnings were down, gross was down, and planetary deliveries were down (specifically successful North America, the U.S., China, and Asia Pacific), starring the automaker's banal little aft its net release.

The company's flimsy summation successful EPS and EBIT guidance was not capable to offset the comps to past year's archetypal quarter.

The full U.S. car manufacture got a short-term boost past twelvemonth aft President Donald Trump introduced car tariffs, arsenic consumers flocked to dealerships to acquisition vehicles earlier the tariffs took effect. Dealers helped themselves retired by offering incentives to get adjacent much customers to their lots.

But successful 2026, General Motors saw U.S. nett gross driblet to $36.4 cardinal successful the 4th from $37.4 cardinal a twelvemonth ago. Overall gross was down $400 cardinal to $43.6 billion, driven by little EV income volume. GM reported adjusted net of $3.70 per stock versus $3.35 past year.

However, it wasn't each atrocious quality for the company. It is precise excited astir its autonomous vehicles and OnStar operator assistance technology. And it debuted its program to instrumentality implicit the marketplace from rivals similar Tesla.

GM volition bring level 3 autonomy to Cadillac by 2028

GM Super Cruise, the company's autonomous reply to the competition, has reached the 1 cardinal miles driven mark, "helping pave the mode for 'eyes off/hands off' exertion connected the Cadillac Escalade IQ successful 2028," GM said successful its net deck.

The institution has begun nationalist roadworthy investigating of next-gen Super Cruise connected limited-access highways crossed California and Michigan, with plans to deploy much than 200 supervised improvement vehicles.

Tesla fans whitethorn deliberation the 1 cardinal miles driven is cute since, arsenic of Tuesday morning, April 28, Full Self-Driving (Supervised) has driven much than 8.6 cardinal miles. Still, GM says it is attempting to bash thing that has ne'er been done with autonomous driving.

Related: General Motors banal analysts person mixed takes up of Q1 earnings

"We are doing thing unique. Developing a strategy for idiosyncratic vehicles that we tin deploy connected some ICE [traditional gas-powered] and EV," the institution said during the net call. So portion astir competitors are lone putting the autonomous tech successful their EVs, GM says it is bringing hands-free, eyes-off driving to ICE vehicles arsenic well.

Super Cruise added 50,000 subscribers successful the quarter, and GM says it's connected gait to adhd much than 1 cardinal OnStar subs successful 2026, with 30% of its idiosyncratic basal choosing the premium option.