Move Over -- Chevrolet Is Crushing Sales and Records
It's been easy to overlook since many investors have the financial crisis and the automaker's bailout burned into their minds -- and that's fair. But General Motors (NYSE: GM) has been pouring investments into its brands and electric vehicles (EVs) and buying back billions of dollars of its stock.
Evidence of GM's investment in its brands can be seen with the recent success of Chevrolet, which became the No. 2 selling EV brand in the U.S. during the second quarter. Here's how two different models are obliterating things and helping drive GM's business higher.
Chevrolet is putting its money where its mouth is with the Equinox EV. July wasn't just the best sales month so far for the EV but also the best sales result for an EV other than a in the U.S. market.
Source Fool.com
General Motors Corp Stock
Currently there is a rather positive sentiment for General Motors Corp with 38 Buy predictions and 9 Sell predictions.
On the other hand, the target price of 57 € is below the current price of 59.63 € for General Motors Corp, so the potential is actually -4.41%.
