But the automaker remains bullish that stronger results are possible in the second half of the year.
GM and Ford seek exemptions to deploy a limited number of self-driving vehicles without human controls like steering wheels and brake pedals.
As automakers report second quarter results, analysts say a market rebound may be on the way.
GM and Ford top execs say U.S. consumer demand for cars and trucks remains strong, despite soaring interest rates and gas prices.
The company plans to delay filling some open positions after hiring 7,000 new salaried workers already in 2022.
General Motors hopes its Ultium platform, which consists of batteries, motors, software and other components, will help it grow EV market share and overtake Tesla as the No. 1 EV maker.
The automaker saw a Quarter One net income of $2.9 billion, just 2.7% lower than 2021, despite $2.5 billion in increased costs as global revenue rose 11%.
General Motors has requested its suppliers to sign a pledge of carbon neutrality and commit to social responsibility programs and sustainable procurement practices.
The number of potentially affected vehicles has also fallen with 4,622,752 vehicles affected so far.
GM entered a deal with semiconductor chip manufacturers to keep its North American assembly lines in production.
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