General Motors Company (NYSE:GM) Q3 2023 Earnings Conference Call October 24, 2023 8:30 AM ET

Company Participants

Ashish Kohli - Vice President of Investor Relations

Mary Barra - Chair and Chief Executive Officer

Paul Jacobson - Executive Vice President and Chief Financial Officer

Dan Berce - President and Chief Executive Officer of GM Financial

Conference Call Participants

Rod Lache - Wolfe Research

Itay Michaeli - Citi

Joseph Spak - UBS

John Murphy - Bank of America

Emmanuel Rosner - Deutsche Bank

Adam Jonas - Morgan Stanley

James Picariello - BNP Paribas

Dan Levy - Barclays Capital

Colin Langan - Wells Fargo

Mark Delaney - Goldman Sachs

Operator

Good morning, and welcome to General Motors Company Third Quarter 2023 Earnings Conference Call. During the opening remarks, all participants will be in a listen-only mode. After the opening remarks, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, the conference call is being recorded, Tuesday, October 24, 2023.

I would now like to turn the conference over to Ashish Kohli, GM's Vice President of Investor Relations.

Ashish Kohli

Thank you, Amanda, and good morning, everyone. We appreciate you joining us as we review GM's financial results for the third quarter of 2023. Our conference call materials were issued this morning and are available on GM's Investor Relations Web site. We are also broadcasting this call via webcast. Joining us today are Mary Barra, GM's Chair and CEO; and Paul Jacobson, GM's Executive Vice President and CFO. Dan Berce, President and CEO of GM Financial, will also join us for the Q&A portion of the call.

On today's call, management will management will make forward-looking statements about our expectations. These statements are subject to risks and uncertainties that could cause our actual results to differ materially. These risks and uncertainties include the factors identified in our filings with the SEC. Please review the safe harbor statement on the first page of our presentation as 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

Thanks, Ashish, and good morning, everyone. Thank you for joining us. I'd like to begin by thanking the entire GM team for once again delivering very strong results, including $3.6 billion of EBIT-adjusted in the third quarter. Our supply chain team and logistics partners in North America have done great work improving the flow of vehicles from our assembly plants to our dealers. Our U.S. dealers have helped us outperform the market from a share standpoint with strong ATPs, and essentially flat incentives. We were profitable in every region, including China.