General Motors
Q3 2022 Earnings Call
Oct 25, 2022, 8:30 a.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good morning, and welcome to the General Motors Company third quarter 2022 earnings conference call. [Operator instructions] As a reminder, this conference is being recorded, Tuesday, October 25, 2022. I would now like to turn the conference over to Ashish Kohli, GM's vice president of investor relations.
Ashish Kohli -- Vice President, Investor Relations
Thank you, Madison, and good morning, everyone. We appreciate you joining us to review GM's financial results for the third quarter of 2022. Our conference call materials were issued this morning and are available on GM's Investor Relations website. We are also broadcasting this call via webcast.
Joining us today is Mary Barra, GM's chair and CEO; Paul Jacobson, GM's executive vice president and CFO; as well as Kyle Vogt, CEO of Cruise. Dan Berce, president and CEO of GM Financial, will also be joining us for the Q&A portion of the call. Before we begin, I would like to direct your attention to the forward-looking statements on the first page of our presentation. The content of our call will be governed by this language.
And with that, I'm delighted to turn the call over to Mary.
Mary Barra -- Chairman and Chief Executive Officer
Thanks, Ashish, and good morning, everyone. Thanks for joining the call. During the third quarter, the GM team once again demonstrated our ability to deliver strong results while executing our growth strategy and managing multiple headwinds. The third quarter brings our EBIT-adjusted earnings for the first nine months of the year to $10.7 billion, which keeps us on track to deliver our full-year guidance.
We translated improved supply chain performance into another quarter of full-size pickup and full-size SUV sales leadership with very strong mix and pricing. The Cadillac Escalade also continues to lead its segment by a wide margin. Chevrolet and GMC unveiled new midsize and heavy-duty pickups to help maintain our strong position when they launch. And the Chevrolet Bolt EV and EUV are selling at record levels, thanks to their range, technology, and value.
And in September, they outsold the Ford Mustang Mach-E more than two to one. BrightDrop is generating revenue in the last-mile delivery segment. And later this year, CAMI Assembly is set to launch BrightDrop production, making its candidate's first large-scale EV plant. Production will ramp up in 2023 to begin fulfilling major orders from our customers, including Walmart, FedEx, and Merchants Fleet.