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.
The Lemon Reps, a national lemon law firm based in Beverly Hills, has recovered over $3.2 million and resolved more than 1,500 defective vehicle cases in the past year. They report an average settlement time of about 90 days, helping consumers effici...
Polestar is blocked from selling its electric vehicles in the US because it lacks permission under the Connected Vehicles Rule, which restricts cars with technology controlled by Chinese companies. Despite this, Polestar's US sales have been nearly n...
Veteran auto analyst John Murphy launched Murphy Automotive Partners and its MAPP report forecasting US new car releases through 2031. The report highlights a deep 3-year product drought in the US market, with average vehicle age hitting a record hig...
General Motors revealed the 2027 GMC Sierra 1500 pickup trucks featuring new V-8 engine options, redesigned interior and exterior, and a streamlined model lineup including Pro, Elevation, AT4, AT4X, Denali, and Denali Ultimate trims. The new Sierra e...
Toyota is set to report a nearly 1% increase in U.S. vehicle sales for the first half of the year, reaching 1.25 million units, while General Motors (GM) is expected to see a 7.2% decline to 1.33 million. Toyota's focus on hybrid vehicles, which are ...
