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GM-GENERAL MOTORS CO

General Motors Surpasses Ford as Second-Largest Electric Vehicle Seller in the US Amidst Competitive Market Landscape

Tuesday

18 February, 2025

General Motors has surged ahead of Ford to become the second-largest electric vehicle seller in the US, showcasing impressive growth and profitability in a competitive landscape. As consumer interest in EVs grows, can GM maintain its momentum against rising challenges from affordable alternatives?

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Key Takeaways
  • GM ranks as the second-largest electric vehicle seller in the US, surpassing competitors like Ford.
  • The company shows promising growth with a positive variable profit forecast for Q4 2024.
  • Strategic investments and focus on electric motor technology align with a projected market expansion by 2032.
  • GM's resilience in overcoming challenges contrasts with Ford's stock decline, showcasing its stability.
  • Rising consumer interest in EVs enhances GM's potential for sustained profitability, appealing to investors.
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