General Motors Co. (NYSE:GM) shares rose in Wednesday premarket trading, tracking a broader market rally after easing geopolitical tensions lifted risk appetite.

U.S. stock futures surged after President Donald Trump announced a two-week pause on Iran strikes, helping drive a rebound in equities following Tuesday's mixed session.

Issues Recall For Malibu Sedans

General Motors said it is recalling 271,770 Chevrolet Malibu sedans from model years 2023 through 2025 due to a rearview camera defect that could display a distorted or blank image, increasing crash risk.

The recall, filed with the National Highway Traffic Safety Administration under campaign number 26V212, affects vehicles equipped with the rearview camera sensing system. Dealers will replace the camera at no cost, with owner notification letters scheduled to be mailed on May 18, 2026.

Sales Drop 9.6% In Q1 

General Motors remained the top U.S. automaker in the first quarter, despite a 9.7% year-over-year sales decline to 626,429 vehicles. The drop reflects tough comparisons with a strong March 2025 and weather-related weakness early in the year.

Sales improved through the quarter, with March rebounding as showroom traffic picked up.

GM also gained share in full-size pickups and held its position ...