GM’s EV Sales Nosedive in Q3 2026
General Motors reported a steep slide in electric vehicle demand for the three months ending in September 2026, a slump heavy enough to weigh down the automaker's results for the quarter and for the year so far. Federal buyers lost the federal EV purchase incentive roughly twelve months ago, and the resulting drop-off looks to have landed harder than GM itself was braced for. Cadillac absorbed some of the sharpest hits within GM's lineup, with the Escalade IQL and IQ together moving just 1,604 vehicle units. The Lyriq, on the other hand, lost half its volume outright, tumbling 50.2 percent…