Bloomberg Intelligence GM Sees Up to $2 Billion Profit Jump in 2026, More Buybacks
Jan 27, 2026
Janet Lorin, higher education finance reporter, on Yale’s endowment strains and tax pressures. Sid Philip, aviation tracker, on airline divergences, Boeing’s cash rebound and production ramp. Steve Mann, autos analyst, on GM’s $2B profit upside, buybacks and ICE-heavy vs EV mix. They cover endowment sales, airline recoveries, and automakers’ strategies in short, punchy conversations.
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GM’s Portfolio Still Dominated By Gas Vehicles
- GM still sells mostly internal combustion vehicles with around 85-90% ICE share versus 10-15% EVs today.
- CEO Mary Barra is rolling out more EVs but the mass of profits remains tied to ICE trucks and SUVs.
Regulatory Shift Eases EV Pressure
- Relaxed fuel-economy mandates reduce the need for EV credits and lower penalties for automakers.
- That change makes big trucks more profitable to sell and slows EV-driven price increases for consumers.
Tesla Valuation Hinges On Robo-Taxi Narrative
- Tesla's valuation reflects investor focus on future robo-taxi and autonomous ambitions more than near-term vehicle sales.
- That narrative keeps investor attention despite weak quarterly sales.