Business
GM stock soars 15% as automaker raises guidance, beats Q3 earnings
A General Motors Co. Chevrolet Silverado truck at a dealership in Upland, California, US, on Wednesday, Oct 15, 2025.
Kyle Grillot | Bloomberg | Getty Images
DETROIT — General Motors raised its 2025 financial guidance Tuesday after beating Wall Street’s top- and bottom-line earnings expectations for the third quarter, while lowering its expected impact from tariffs.
GM stock rose more than 15% in trading Tuesday. The stock, which closed Monday at $58 per share, had its best day since 2020 and its second best day on the market since its 2009 emergence from bankruptcy.
Here’s how the company performed in the third quarter, compared with average estimates compiled by LSEG:
- Earnings per share: $2.80 adjusted vs. $2.31 expected
- Revenue: $48.59 billion vs. $45.27 billion expected
- Adjusted EBIT: $3.38 billion vs. $2.72 billion expected
GM’s third-quarter revenue of $48.59 billion was down less than 1% from $48.76 billion in the same period last year. Adjusted earnings exclude one-time or special items, some interest and taxes as well as other financials not considered “core” to the company’s operations.
GM’s new outlook signals strength for the automaker heading into the fourth quarter and beats Wall Street analysts’ current expectations for the last three months of the year.
The updated guidance includes adjusted earnings before interest and taxes of between $12 billion and $13 billion, or $9.75 to $10.50 adjusted EPS, up from $10 billion to $12.5 billion, or $8.25 to $10 adjusted EPS, and adjusted automotive free cash flow of $10 billion to $11 billion, up from $7.5 billion to $10 billion.
GM stock in 2025
The automaker’s new EPS target suggests fourth-quarter adjusted EPS of between $1.64 and $2.39, with a midpoint around $2.02, which is above current consensus of $1.94.
“Thanks to the collective efforts of our team, and our compelling vehicle portfolio, GM delivered another very good quarter of earnings and free cash flow,” GM CEO Mary Barra said Tuesday in a shareholder letter. “Based on our performance, we are raising our full-year guidance, underscoring our confidence in the company’s trajectory.”
GM also reduced the expected impact of tariffs this year to between $3.5 billion and $4.5 billion, down from $4 billion to $5 billion. The automaker expects to offset about 35% of that impact.
Barra on Tuesday thanked President Donald Trump for “the important tariff updates” Friday that included imposing levies on imported medium- and heavy-duty trucks and parts as well as extending a tariff offset worth 3.75% of the value of American-made vehicles.
EV impact
GM’s adjusted results do not include $1.6 billion in special charges reported by the automaker last week due to its pullback in all-electric vehicles, which more than halved its net income attributable to stockholders compared with the third quarter of 2024.
The company’s net income attributable to stockholders was $1.3 billion during the just-reported period, down 57% from roughly $3.1 billion a year earlier. Its net income margin also plummeted to 2.7%, down from 6.3% a year earlier.
GM CFO Paul Jacobson on Tuesday said only about 40% of the company’s EVs were profitable on a production, or contribution-margin basis. He signaled that the company expects profitability for EVs to take longer than previously expected amid an expected slowdown in adoption.
“We continue to believe that there is a strong future for electric vehicles, and we’ve got a great portfolio to be competitive, but we do have some structural changes that we need to do to make sure that we lower the cost of producing those vehicles,” he told CNBC’s Phil LeBeau during “Squawk Box.”
GM has made significant gains in EV sales this year. Motor Intelligence reported that the Detroit automaker went from an 8.7% market share to begin this year to 13.8% through the third quarter – topping Hyundai Motor, including Kia, at 8.6% through September. GM still trails U.S. EV leader Tesla by a wide margin.
NA business down
GM’s North American business, which has driven its profits this decade, earned more than $2.5 billion during the third quarter, on an adjusted basis. Its adjusted profit margin declined from 9.7% a year earlier to 6.2% during the most recent quarter.
Barra said in Tuesday’s letter that the automaker’s “top priority” is to return to 8% to 10% adjusted profit margins in North America through “driving EV profitability, maintaining production and pricing discipline, managing fixed costs, and further reducing tariff exposure.”
Gains in the company’s China operations, up $217 million from a year earlier, as well as its international markets, up $184 million, helped offset the lower North American earnings during the third quarter.
GM Financial, the automaker’s lending arm, also reported adjusted earnings of $804 million, up 17% from the third quarter of 2024.
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IndiGo faces massive flight cancellations despite DGCA rollback, affecting thousands. Experts like advise on travel insurance claims and proper documentation.
ndiGo Disruption Intensifies: What Travel Insurance Covers During Flight Chaos
There seems to be no end to the mayhem of IndiGo’s operational meltdown as hundreds of flights have been cancelled on Saturday. The chaos has continued despite the Directorate General of Civil Aviation (DGCA) rolling back the Flight Duty Time Limitations orders, which were the lead cause to disrupt the capability of carriers to maintain regular operation.
Thousands of passengers, from students to senior citizens to professionals, have been affected in the past few days during the flight cancellations, disrupting their plans and schedules. Along with that, they have to face monetary losses too.
Travel insurance is one such option that travelers can use while facing this kind of situation. Not many of people in India are aware of how a travel insurance works and whether all plans cover flight cancellation costs.
Meet Kapadia, Head of Travel Insurance at Policybazaar.com said that travel Insurance offers fixed pay outs if the traveller is stranded for a specified number of hours (6–12 hours).
“They also reimburse the cost if the flight is cancelled and traveller has to book a new flight, or arrange hotel stay, cover meals, essentials, and other emergency purchase,” Kapadia added.
Customers, however, should know that a very low-priced/ basic product of travel insurance may not pay for non-medical losses from an airline operational cancellation unless that benefit is purchased, according to Chetan Vasudeva, Senior Vice President – Business Development at Elephant.in, Alliance Insurance Brokers.
“No – basic plans may not fully cover losses from airline operational problems unless the policy explicitly includes or has an option for trip cancellation / carrier cancellation, trip interruption, missed-connection or trip-delay benefits,” Vasudeva added.
He further told that many standard travel policies include only basic medical, baggage and emergency assistance by default. “If you want protection specifically against airline operational issues, check for carrier cancellation/trip cancellation/missed-connection or buy a cancel-for-any-reason add-on cover.”
Beyond the financial safety net , the insurer also provides 24×7 assistance and emergency support to help passengers manage disruption with less stress in unfamiliar locations.
What Should Customers Need To Do To Get Claims?
The first 24 hours after a flight cancellation are crucial for building a strong claim file.
The policyholder should immediately need to obtain written proof from the airline such as an email, SMS, or a formal flight disruption certificate, that clearly state the due cause and timing of the cancellation, explained Vasudeva. “At the same time, this is when policyholder should inform their insurance provider’s helpline immediately after the disruption; quick intimation is often listed as a mandatory requirement in most policies,” he added.
During this period, every incidental expense such as food, hotel stays, transport, or rebooking, should be supported with itemized receipts and payment proofs. If the airline offers alternative arrangements like meal vouchers or free accommodation, passengers need to preserve those records as well, because insurers cross-verify what has already been compensated.
Careful documentation in the first 24 hours substantially reduces the chances of queries, delays, or rejection during the processing of claims, Vasudeva stated.
Click here to add News18 as your preferred news source on Google. December 06, 2025, 13:56 IST
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Business
After 25 Bps Cut, India At 5.25%: How Policy Rates Compare Across BRICS, US And Other Economies
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At 5.25%, India’s policy rate is higher than the US, UK and Eurozone but far below Brazil and Russia, which still run double-digit rates to fight inflation pressures.
RBI cuts repo rate by 25 bps to 5.25 per cent
India’s Central bank has shifted gears to support the economic momentum and ease lending with a rate cut of 25 basis points in the latest Monetary Policy Committee (MPC) meeting between December 3 to 5. The latest lending benchmark – repo rate – stood at 5.25 per cent after Friday’s 25 bps cut from 5.50 per cent.
The Reserve Bank of India (RBI) governor, Sanjay Malhotra, in his speech on Friday, termed the current economic situation as ‘rare goldilocks period’, stating that inflation is at a benign 2.2 per cent and growth at 8.0 per cent in H1:2025-26.
The standing deposit facility (SDF) rate under the liquidity adjustment facility (LAF) now adjusted to 5.00 per cent and the marginal standing facility (MSF) rate and the Bank Rate to 5.50 per cent. The MPC also decided to continue with the neutral stance.
The repo rate is the interest rate at which banks borrow money from the RBI. When banks face a shortage of cash, they borrow from the RBI by pledging government bonds. The interest the RBI charges on this borrowing is known as the repo rate. If the RBI raises the repo rate, borrowing becomes costlier for banks. If it lowers the rate, banks can access funds more cheaply.
The policy rate is a critical monetary tool utilised by the banks to control money flow into the economy. The Central banks of different countries seek to strike a balance to keep the economic growth momentum and stop inflation from getting out of control.
Comparison of Different Policy Rates As Of Now In Major Economies:
| Country | Interest Rate (Policy Rate) |
| United States | 4.00 % |
| United Kingdom | 4.00 % |
| Eurozone (ECB) | 2.15 % |
| India (RBI) | 5.25 % |
| Japan (BoJ) | 0.50 % |
| Australia (RBA) | 3.60 % |
| Canada (BoC) | 2.25 % |
| China (PBoC) | 3.00 % |
| Brazil (BCB) | 15.00 % |
| Russia (CBR) | 16.50 % |
India’s policy rate stood in align with the developed economies such as USA and UK, while a way too below in comparison to BRICS countries. For instance, Brazil and Russia’s policy rates are in the double digit – 15% and 16.50% respectively, due to run away inflation.
Click here to add News18 as your preferred news source on Google. December 06, 2025, 09:34 IST
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On December 6, 2025, OMCs updated petrol and diesel prices across cities like New Delhi, Mumbai, and Chennai, reflecting global crude oil trends, taxes, and currency rates.
Petrol, Diesel Prices On December 6
Petrol and Diesel Prices on December 6, 2025: OMCs update petrol and diesel prices daily at 6 AM, aligning them with fluctuations in global crude oil prices and currency exchange rates. This daily revision promotes transparency and ensures consumers have access to the most up-to-date and accurate fuel prices.
Petrol Diesel Price Today In India
Check city-wise petrol and diesel prices on December 6:
| City | Petrol (₹/L) | Diesel (₹/L) |
|---|---|---|
| New Delhi | 94.72 | 87.62 |
| Mumbai | 104.21 | 92.15 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.75 | 92.34 |
| Ahmedabad | 94.49 | 90.17 |
| Bengaluru | 102.92 | 89.02 |
| Hyderabad | 107.46 | 95.70 |
| Jaipur | 104.72 | 90.21 |
| Lucknow | 94.69 | 87.80 |
| Pune | 104.04 | 90.57 |
| Chandigarh | 94.30 | 82.45 |
| Indore | 106.48 | 91.88 |
| Patna | 105.58 | 93.80 |
| Surat | 95.00 | 89.00 |
| Nashik | 95.50 | 89.50 |
Key Factors Behind Petrol and Diesel Rates
Petrol and diesel prices in India have remained unchanged since May 2022, following tax reductions by the central and several state governments.
Oil Marketing Companies (OMCs) update fuel prices daily at 6 am, adjusting for fluctuations in global crude oil markets. While these rates are technically market-linked, they are also influenced by regulatory measures such as excise duties, base pricing frameworks, and informal price caps.
Key Factors Influencing Fuel Prices in India
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Crude Oil Prices: Global crude oil prices are a primary driver of fuel prices, as crude is the main input in petrol and diesel production.
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Exchange Rate: Since India relies heavily on crude oil imports, the value of the Indian rupee against the US dollar significantly affects fuel costs. A weaker rupee typically translates to higher prices.
-
Taxes: Central and state-level taxes constitute a major portion of retail fuel prices. Tax rates vary across states, leading to regional price differences.
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Refining Costs: The cost of processing crude oil into usable fuel impacts retail prices. These costs can fluctuate depending on crude quality and refinery efficiency.
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Demand-Supply Dynamics: Market demand also influences fuel pricing. Higher demand can push prices up as supply adjusts to consumption trends.
How to Check Petrol and Diesel Prices via SMS
You can easily check the latest petrol and diesel prices in your city through SMS. For Indian Oil customers, text the city code followed by “RSP” to 9224992249. BPCL customers can send “RSP” to 9223112222, and HPCL customers can text “HP Price” to 9222201122 to receive the current fuel prices.
Click here to add News18 as your preferred news source on Google. December 06, 2025, 07:47 IST
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