Reported 2 days ago
General Motors (GM) is positioning itself as a strong investment option in the automotive sector, focusing on share buybacks to return value to shareholders, expanding its electric vehicle (EV) sales significantly, and successfully restructuring its operations in the competitive Chinese market. With a robust cash flow, GM's EV sales surged by 94% in Q1, capturing a notable market share and becoming the second-largest EV seller in the U.S. The company's strategic moves position it well for future growth, making GM a top stock to consider before opportunities dwindle.
Source: YAHOO