Summary: General Motors Company (GM) is a preferred choice of institutional investors making up 88% of the ownership. GM reports promising Q2 and an impressive first-half sales growth, adding to its credibility in the market. Despite a pause in pickup-truck production in Mexico, GM remains resilient. Recently, GM-backed EnergyX expanded its lithium holdings in the US by acquiring Pantera. Enthusiasm is mounting for GM as a trending stock, and there are expectations of a clear ramp to $53. Several investments amounting to billions have been pledged to boost GM's US manufacturing plants. High growth in the electric vehicle (EV) market and an aspiration to exceed market returns are fueling GM's appeal amongst investors. Concerns rise as GM reportedly seeks to overturn California's electric vehicle mandate. Some reports express concerns about GM's future though due to higher costs and tariff risks. GM is also reported to be investing significantly in autonomous driving and AI in manufacturing. News on GM's actions in the face of tariffs seem divided, with some reports suggesting lowered guidance for 2025 due to tariff uncertainties while others report an increase in truck production to counter Trump tariffs.
General Motors Company GM News Analytics from Tue, 10 Dec 2024 08:00:00 GMT to Fri, 11 Jul 2025 22:33:12 GMT -
Rating 8
- Innovation 5
- Information 10
- Rumor 2
