# July 21, 2026 | GM raises guidance as Q2 profits soar; negative equity worries F&I managers

Page: https://stenobird.com/podcast/automotive-news-daily-drive-58649/july-21-2026-gm-raises-guidance-as-q2-profits-soar-negative-equity-worries-f-i-managers
Text version: https://stenobird.com/podcast/automotive-news-daily-drive-58649/july-21-2026-gm-raises-guidance-as-q2-profits-soar-negative-equity-worries-f-i-managers.md
Podcast: [Automotive News Daily Drive](https://stenobird.com/podcast/automotive-news-daily-drive-58649)
Published: 2026-07-21T17:00:00+00:00
Episode link: https://autonews.com
Audio file: https://dts.podtrac.com/redirect.mp3/www.buzzsprout.com/2447022/episodes/19527104-july-21-2026-gm-raises-guidance-as-q2-profits-soar-negative-equity-worries-f-i-managers.mp3
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Duration seconds: 1148

## Resource

General Motors raised its guidance for the second time this year as North American profits jumped 43 percent from a year ago, even though net income has fallen in the second quarter with more electric vehicle write-downs. Finance and insurance managers are concerned about the number of customers with negative equity, and Canada’s counter tariffs are costing the U.S. $5 billion in vehicle exports. Plus, Automotive News Reporter Mark Hollmer discusses how dealers are adding TikTok to their arse...

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