General Motors was upgraded to a buy ahead of its Q2 earnings report, with its valuation still considered low despite a 30% stock rally since last August. The company reported a Q1 EBIT margin expansion to 9.7% and a 33% EPS growth rate, with raised 2026 guidance forecasting 14% EBIT and 18% EPS annual growth. Vehicle sales declines are slowing, U.S. truck and EV market shares are increasing, and new growth areas are emerging in defense and AI data center energy storage. Near-term risks include commodity price volatility and supplier strikes, but GM's stock trades at a significant forward PEG discount, presenting an attractive risk/reward profile for investors.
Michigan, known as the Arsenal of Democracy during WWII, is regaining prominence as a key US defense manufacturing hub. The GVSETS 2026 symposium, held in Novi from August 11-13, gathers government, industry, and academia to showcase advances in mili...
General Motors reported a 4.2% year-over-year sales decline in Q2, outperforming Ford's 10% drop, driven by strong demand for internal combustion engine (ICE) crossovers and SUVs. Chevrolet's Trailblazer and Traverse models saw significant sales incr...
Used electric vehicle prices in the US surged 12% in June 2026 compared to the previous year, driven by high gas prices and geopolitical tensions from the Iran war. Cox Automotive's Manheim Used Vehicle Value Index shows used EV prices rising steadil...
