GM gives up on share gain; Little chance seen for all-out price war.(General Motors expects to lose market share this year)Guilford, Dave
Despite sales decline, the U.S. automaker said improved semiconductor supplies is supporting higher production and its market share in key truck segments. "Supply chain disruptions are not fully behind us, but we expect to continue outperforming 2021 production levels, especially in the second half ...
GM ranked fourth in U.S. market share of all-electric vehicles during the first quarter, representing 6.1% of new EVs sold, according to data provided by Motor Intelligence.Tesla, at 52.3%, is by far the leader in estimated U.S. EV sales, followed byHyundai, including Kia, at 9.3% an...
"I think that the consumer has held up remarkably well for us," he said, adding that next year should be consistent with this year as the Federal Reserve continues to reduce interest rates and lower borrowing costs. "Nothing that we've seen has changed from where we've been the last sev...
GM ranked fourth in U.S. market share of all-electric vehicles during the first quarter, representing 6.1% of new EVs sold, according to data provided by Motor Intelligence.Tesla, at 52.3%, is by far the leader in estimated U.S. EV sales, f...
The work is helping us meet our $2 billion fixed cost reduction program this year and the savings will be even greater in the future. As I said before our EV portfolio is growing faster than the market now that our module issues are resolved and we are scaling production. Our early sales...
EVs it will build this year to be theChevrolet Bolt EVand Bolt EUV. All told, GM enjoyed a strong start to 2023, reporting total sales increases of 18% across all its brands, selling a total of 603,208 vehicles in the first three months of the year, growing its market share by 1.5...
NYSE |$USD |Post-Market:$53.917:52 PM GM Analysis General Motors: Q4 Earnings Likely To Make The Stock Surge Investing Groups Covering GM Timely Trader 4.3 Josh Arnold Themes: Momentum Technical Analysis Latest on GM:General Motors Bounces On A Failed Breakdown ...
1 Year 43.54% Analyst Ratings Sell Under Hold Over Buy Number of Ratings29Full Ratings Recent News General Motors Co. stock underperforms Friday when compared to competitors Jan. 17, 2025 at 4:47 p.m. ETby MarketWatch Automation NHTSA Looking Into Reports of Engine Failures in Certain GM Ve...
"Following two years of deceleration in Auto Parts aftermarket demand, we believe cyclical headwinds will abate in ’ 25. Longer term, the industry remains healthy, and ORLY is the best in- class operator reliably gaining market share and accruing profit margins." ...