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gm general motors Exhibit 99.1 News For release : Wednesday , Oct. 27 , 2021 , at 7:30 a.m. ET GM Reports Third - Quarter 2021 Results DETROIT - General Motors Co. ( NYSE : GM ) today reported third - quarter earnings that include strong price and mix performance in North America , the benefit of the company's recall cost recovery agreement with LG Electronics and the continued strong financial results at GM Financial . As a result , the company is on track to deliver full - year 2021 EBIT - adjusted earnings approaching the high end of its guidance range . Downloads • GM Chair and CEO Mary Barra's letter to shareholders Detailed quarterly results with year - over - year comparisons Results overview Three Months Ended September 30 , ( $ M ) except where noted 2021 September 30 , 2020 Change Revenue $ 26,779 $ 35,480 $ ( 8,701 ) Net income attributable to stockholders $ 2,420 $ 4,045 $ ( 1,625 ) EBIT - adjusted $ 2,922 $ 5,284 $ ( 2,362 ) Net income margin 9.0 % 11.4 % ( 2.4 ) ppts EBIT - adjusted margin 10.9 % 14.9 % ( 4.0 ) ppts Automotive operating cash flow Adjusted automotive free cash flow EPS - diluted ( a ) EPS - diluted - adjusted ( a ) GMNA EBIT - adjusted sss is es $ ( 2,602 ) $ 9,935 $ ( 12,537 ) $ ( 4,385 ) $ 9,122 $ ( 13,507 ) $ 1.62 $ 2.78 $ ( 1.16 ) $ 1.52 $ 2.83 $ ( 1.31 ) $ 2,125 $ 4,366 $ ( 2,241 ) GMNA EBIT - adjusted margin 10.3 % 15.0 % ( 4.7 ) ppts GMI EBIT - adjusted $ China equity income $ GM Financial EBT - adjusted $ 1,093 229 $ 270 $ $ 10 $ 262 $ 1,207 $ 219 8 ( 114 ) ( a ) EPS - diluted and EPS - diluted - adjusted include a $ 0.07 and $ 0.05 impact from mark - to - market gains on equity method investments in the three months ended Sept. 30 , 2021 and 2020 .