1125 ET - General Motors has benefited from having vehicles at low price points, but its sales haven't been substantially affected even as consumers stress about affordability, CFO Paul Jacobson says at the Bank of America Global Automotive Summit. "We hear this drumbeat of affordability, I think it's pretty consistent with what we've been hearing for the last few years," Jacobson says. But this concern "certainly isn't affecting people's purchase decisions," he adds. He notes that GM sold more than 700,000 vehicles last year with a sticker price below $30,000. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
March 18, 2026 11:25 ET (15:25 GMT)
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