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Automaker stocks reverse gains as rotation trade unwinds, with Stellantis and GM down 4%.

Market News
18 Sep 2026
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Bearish
Automaker stocks reverse gains as rotation trade unwinds, with Stellantis and GM down 4%.

Automaker stocks, including Stellantis, General Motors, and Ford, reversed Thursday's gains in Friday trading as a rotation trade into cyclicals unwound without new company news. Stellantis and GM led the decline, both down 4%, while Ford fell 2%, all dropping faster than their sector and the broader market. This movement reflects a category-level flow rather than company-specific issues, with Stellantis notably down 55% year-to-date amid weak revenue and margins. Investors should watch if these stocks continue to underperform the sector, indicating the decline is driven by group trading rather than fundamentals.

General Motors shares fell 4.64% to USD 82.60 on Pluang as of Sep 18, 2026 22:01 WIB, closely tracking the article's note of a 4% drop. Ford also declined by 3.09% to USD 13.18, reflecting the sector's pullback. Despite these declines, Pluang order activity shows 100% buy interest in both stocks, highlighting ongoing investor demand even as the rotation trade unwinds.

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