Forecast Of The Day: General Motors Number Of Vehicles Sold in North America

October 13th, 2022 · by Trefis Team
GMYTD+1.8%SPYYTD+14.1%XLYYTD-6.1%
Analyze GM →

What?

General Motors (NYSE:GM) Total Number of Vehicles Sold in North America declined from 3.55 million in 2018 to 2.3 billion in 2021. Trefis expects the metric to recover to 2.7 million by 2023.

Why?

Sales in recent years have been impacted by the Covid-19 pandemic and the semiconductor shortage. However, we expect deliveries to pick up going forward, driven by better chip supply and easing logistics issues.

So What?

We value GM stock at about $47 per share, about 45% ahead of the current market price.

See Our Complete Analysis For General Motors

What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.

Invest with Trefis Market-Beating Portfolios
See all Trefis Price Estimates
Invest with Trefis →More Ideas →