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Revenue
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
The following table disaggregates our revenue by major source:
Three Months Ended June 30, 2025
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts and accessories$37,893 $3,075 $30 $40,998 $— $— $— $40,998 
Used vehicles515 — 524 — — — 524 
Services and other1,078 243 27 1,348 — — — 1,348 
Automotive net sales and revenue39,486 3,326 57 42,869 — — — 42,869 
Leased vehicle income— — — — — 1,940 — 1,940 
Finance charge income— — — — — 2,048 — 2,048 
Other income— — — — — 267 (2)265 
GM Financial net sales and revenue— — — — — 4,255 (2)4,253 
Net sales and revenue$39,486 $3,326 $57 $42,869 $— $4,255 $(2)$47,122 
Three Months Ended June 30, 2024
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts and accessories$39,416 $3,091 $$42,515 $— $— $— $42,515 
Used vehicles331 — 338 — — — 338 
Services and other979 200 29 1,208 25 — (25)1,208 
Automotive net sales and revenue40,725 3,298 37 44,060 25 — (25)44,060 
Leased vehicle income— — — — — 1,803 — 1,803 
Finance charge income— — — — — 1,876 (8)1,868 
Other income— — — — — 239 (2)237 
GM Financial net sales and revenue— — — — — 3,918 (10)3,908 
Net sales and revenue$40,725 $3,298 $37 $44,060 $25 $3,918 $(35)$47,969 
Six Months Ended June 30, 2025
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts and accessories$74,019 $5,200 $48 $79,267 $— $— $— $79,267 
Used vehicles831 17 — 848 — — — 848 
Services and other2,023 536 55 2,614 — — 2,615 
Automotive net sales and revenue76,873 5,753 103 82,729 — — 82,730 
Leased vehicle income— — — — — 3,842 — 3,842 
Finance charge income— — — — — 4,073 (4)4,069 
Other income— — — — — 504 (4)500 
GM Financial net sales and revenue— — — — — 8,419 (7)8,412 
Net sales and revenue$76,873 $5,753 $103 $82,729 $$8,419 $(7)$91,141 
Six Months Ended June 30, 2024
GMNAGMICorporateTotal AutomotiveCruiseGM FinancialEliminations/ReclassificationsTotal
Vehicle, parts and accessories$74,313 $5,851 $13 $80,177 $— $— $— $80,177 
Used vehicles559 12 — 571 — — — 571 
Services and other1,951 516 56 2,523 51 — (50)2,524 
Automotive net sales and revenue76,824 6,380 68 83,272 51 — (50)83,273 
Leased vehicle income— — — — — 3,603 — 3,603 
Finance charge income— — — — — 3,662 (16)3,646 
Other income— — — — — 465 (3)462 
GM Financial net sales and revenue— — — — — 7,730 (19)7,710 
Net sales and revenue$76,824 $6,380 $68 $83,272 $51 $7,730 $(69)$90,983 

Revenue is measured as the amount of consideration we expect to receive in exchange for transferring goods or providing services. Adjustments to sales incentives for previously recognized sales were insignificant and increased revenue by $310 million in the three months ended June 30, 2025 and 2024.
Contract liabilities in our Automotive segments primarily consist of vehicle connectivity, customer rewards programs, maintenance, extended warranty and other contracts of $7.7 billion and $6.6 billion at June 30, 2025 and December 31, 2024, which are included in Accrued liabilities and Other liabilities. We recognized revenue of $606 million and $1.2 billion related to contract liabilities in the three and six months ended June 30, 2025 and $455 million and $945 million in the three and six months ended June 30, 2024. We expect to recognize revenue of $1.3 billion in the six months ending December 31, 2025 and $1.9 billion, $1.3 billion and $3.3 billion in the years ending December 31, 2026, 2027 and thereafter related to contract liabilities at June 30, 2025.