3 Reasons to Buy This Top Auto Stock Before It’s Too Late

From Yahoo Finance: 2025-05-31 09:47:00

General Motors has dramatically reduced its shares outstanding, expanding EV sales in the U.S. and restructuring business in China with positive results. The automaker excels in shareholder value, with buybacks increasing earnings per share. GM’s strong cash flow supports dividends, buybacks, and future growth. EV sales in the U.S. surged 94%, positioning GM as a top player in the market.

GM’s strategic restructuring in China paid off with a 40% sales increase in the fourth quarter of 2024. The company balances gas-powered and EV sales, positioning itself as a key player in the EV market. GM is excelling in both traditional and electric vehicle segments. The company is firing on all cylinders, making it a top automotive stock to buy now.

General Motors is rapidly expanding its EV sales in the U.S., capturing a 10.4% market share and securing the No. 2 spot in EV sales. The company is driving growth through its EV lineup, attracting non-GM vehicle trade-ins. GM is poised for success as it navigates the shift towards electric vehicles.

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