“While some uncertainties remain in the regulatory environment, we are anticipating a benefit in the range of 500 to $750 million primarily related to savings from no longer having to purchase compliance credits.”

In context

“n to rightsize our EV capacity. The benefits from both EV-related charges and substantially lower EV wholesale volumes will positively impact both mix and cost. We also expect that the temporary downtime at our Altium Cells joint venture will result in lower production tax credits, but this impact should be largely offset by positive inventory adjustments from lower cell inventory levels. Lower production tax credits in 2026 should then represent a tailwind in 2027 as we resume normalized production. We expect North America pricing to be flat to up 0.5% as we realize the full-year benefit of model year 2026 price increases. While this includes a placeholder for potentially higher incentives due to the competitive environment, we are confident in our ability to maintain pricing discipline. While some uncertainties remain in the regulatory environment, we are anticipating a benefit in the range of 500 to $750 million primarily related to savings from no longer having to purchase compliance credits. In addition, we are seeing positive trends in warranty costs, which are expected to deliver a $1 billion benefit versus 2025. We expect an increase of around $400 million of high-margin revenue generated from the expansion of OnStar software and services including Super Cruise. This growth is expected to help increase deferred revenue from $5.4 billion at the 2025 to approximately 7 and a half billion dollars by the '26. Further strengthening our future margin profile and long-term growth trajectory. We expect headwinds in the range of one to 1 and a half billion dollars associated with the onshoring of vehicle production to the US investments to enhance supply chain resiliency, and investments to support our software initiatives. While these initiatives create near-term pressure, they wi”