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WKN DE: A1C9CM / ISIN: US37045V1008

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10.11.2024 15:17:00

GM Overtakes Ford in 1 Key Metric. Does That Makes the Stock a Buy?

The automotive industry may be undergoing the most exciting evolution in its history with the advancements of driverless vehicle technology, vehicle-as-a-service, and electric vehicles (EVs) taking over the road from their gasoline-powered predecessors.When it comes to one key metric, General Motors (NYSE: GM) just overtook Ford Motor Company (NYSE: F) and did so pretty significantly. Let's see what that could mean for investors.More broadly speaking, the U.S. new light-vehicle market jumped 12% in October with strong retail growth driving the sales numbers. October was a nice change of pace for investors who had dealt with mostly disappointing numbers.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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