GM to deliver message focused on stability over aggressive growth
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DETROIT, Oct 2 Reuters General Motors will assure investors next Tuesday that there is no need to panic about decelerating demand for electric vehicles and the U.S. automaker could even improve its profits in 2025, according to two people familiar with the plans.

The message at the company39;s investor day is a dramatic contrast from the one GM CEO Mary Barra laid out at the same event in 2021, when she highlighted ambitious goals that included doubling revenue to about 280 billion by 2030, fueled in part by its autonomous unit Cruise and expected EV sales growth.

Investors are worried about automakers39; profits as they face significant losses on EVs, worries about plateauing sales of gasengine vehicles and intensifying pressure from Chinese automakers like BYD.

The slowerthananticipated EV transition has caused many automakers to adjust plans, and GM39;s messaging on Tuesday is expected to focus less on aggressive growth and more on stability.

I39;m not going to disclose what we39;re going to say at investor day, but if you looked at it, it39;s a very strong quarter 3, Rory Harvey, GM39;s president of global markets, said of…