GM Rally Driven by Record High Sales and Tariff Relief

5 days ago

Tim Stenovic

"General Motors. GM, ticker GM, was up to a record high and finished the day up 15%, trading at about $66 a share. Their outlook boost came from better-than-expected pickup truck sales and fresh relief from the Trump administration's tariffs on auto parts. The company even noted a jump in sales of high margin gas powered SUVs and trucks, underscoring their strong market position."

The segment highlights GM's impressive rally, marked by a 15% increase driven by record high sales, particularly in high-margin pickup trucks and SUVs, aided by tariff relief. This underscores a bullish outlook on GM's operational rebound in the auto sector.

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