“We expect this strong performance to continue into the second half of the year.”

In context

“for the full year, we now expect warranty to be a year over year headwind. We remain fully committed to continuously raising our quality standards and delivering stronger results for both our customers and our business. North America pricing was a $200 million headwind in Q2 compared to last year. We continue to benefit from robust retail pricing, particularly with our new vehicle launches. However, we experienced a year over year headwind in fleet pricing primarily due to increased competition resulting in pricing moderation. We expect the headwind from fleet pricing to continue into the second half of the year. GM International delivered second quarter EBIT adjusted of $200 million an increase of $150 million year over year driven by improved profitability from our China equity income. We expect this strong performance to continue into the second half of the year. Our China team is executing well and launching competitive Outside of China, our operations in South America and the Middle East continue to deliver consistent results. GM Financial delivered EBT adjusted of $700 million and is on track to deliver within the full year EBT adjusted range of $2.5 billion to $3 billion The team continues to grow the portfolio while paying a $350 million dividend to GM during the quarter. Credit performance and used vehicle prices remain healthy reflecting relatively stable underlying consumer demand and market conditions. Now turning to the forward outlook. Our guidance and most of our underlying assumptions remain unchanged at EBIT adjusted in the $10 billion to $12.5 billion range EPS diluted adjusted in the $8.25 to $10 per share range and adjusted automo”