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GM stock hit a 52-week high of $61.24 in December and is up 47% year to date — far ahead of its Big Three peers. Ford's stock is down 15% in 2024, while Stellantis shares have dropped nearly 40%.
General Motors rewarded investors with a 48% gain in 2024, compared to Ford's 18% decline. China's auto industry is in the midst of a brutal price war that has its roots in the industry's own prowess.
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Scratching at the surface of the question won't give you any answers. For instance, Ford's total U.S. sales increased 4% during 2024, compared to the prior year, to nearly 2.1 million vehicles ...
Bernstein downgraded GM stock to Market Perform from Outperform and cut its price target slightly to $53 from $54.50. GM shares were down over 2% in early trading on Monday.
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U.S. stock markets saw minimal changes on Tuesday as General Motors surged 10.4% on strong earnings offset a steep drop in GE Aerospace shares.. S&P 500: 5,851.20 ⬇️ down 0.0047%. Nasdaq ...
The auto industry has generally not been a lucrative investment opportunity.