General Motors (GM) is initiated with a Buy rating and a price target of $104, implying a 28% upside. The positive outlook is based on achievable Q2 estimates, easier year-over-year comparisons in North America, and increased dealer supply expected to drive sequential growth despite recent market share losses. GM's digital services, boasting 12 million subscribers, and a strong balance sheet support the investment case, even amid tariff and commodity cost challenges. Valuation at 7.8x EV/EBITDA is attractive, with potential for multiple expansion if GM achieves low single-digit growth this year.
General Motors has launched its Battery Cell Development Center (BCDC) as part of a $900 million investment to reduce electric vehicle (EV) costs by nearly 10%. The facility will accelerate the development and production of a new lithium-manganese-ri...
General Motors (GM) has maintained its buy rating following strong Q1 results and robust free cash flow despite macroeconomic challenges. The company raised its full-year 2026 guidance, targeting adjusted EBIT of $13.5–$15.5 billion and adjusted EPS ...
Brazil's light vehicle fleet reached a historic peak of 51.5 million units in 2025, growing 1.6% from 2024. The average vehicle age rose to 13.6 years, driving demand for automotive parts and services. Key states like São Paulo lead vehicle concentra...
Nearly 1,000 workers at a Michigan plant supplying axles and components for General Motors pickup trucks went on strike after failing to reach a new contract agreement with Dauch Corp., formerly American Axle and Manufacturing. The United Auto Worker...
