Locking In A $1 Billion Contract With The Army As Truck Business Flourishes Under Trump - Jalopnik

Locking in a $1 billion contract with the U.S. Army underscores how GM is leveraging policy shifts to bolster its truck and SUV business. Since Donald Trump returned to the White House, GM has been expanding U.S. production of its biggest vehicles, including new pickups, higher-end gas-powered Cadillacs, and military vehicles. The company is preparing to finalize a deal worth more than $1 billion to supply 10,000 trucks to the U.S. Army. It has also benefited from regulatory rollbacks that allowed it to wind down costly electric vehicle projects while doubling down on profitable models. GM Chief Executive Mary Barra said the company has “continued to perform” despite earlier tariff and geopolitical pressures. GM shares are up more than 50% since Trump’s return, and revenue rose 2% in Q2 2026 even as vehicle sales fell 4% year over year.