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With the major domestic automakers releasing their vehicle sales for the second quarter, Ford (F) and General Motors (GM) were notable standouts, outperforming Tesla (TSLA).
In the latest trading session, General Motors (GM) closed at $52.68, marking a +1.25% move from the previous day.
CNBC's Phil LeBeau joins 'Money Movers' to discuss GM's rising sale numbers.
General Motors reported higher second-quarter U.S. sales on Tuesday, aided by demand for its affordable crossover SUVs.
Key Points Jeff Bezos is backing an ultra-low-cost EV pickup—rumored to start around $25,000—as a direct challenge to the high-priced failures of existing electric trucks like the Tesla Cybertruck (NASDAQ: TSLA) and Ford F-150 Lightning (NYSE: F). The stripped-down, modular design targets young buyers and budget-conscious consumers, potentially creating a viable market segment largely ignored by current EV manufacturers. A strategic partnership with an established automaker like Stellantis (NYSE: STLA) could be critical for scaling production and service infrastructure cost-effectively. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; get started by clicking here.(Sponsor) Watch the Video https://videos.247wallst.com/247wallst.com/2025/06/4-Bezos-Tries-to-One-Up-Elon-Ford-F
Shares of General Motors ( NYSE:GM ) gained 3.24% over the past month, reducing the legacy automaker's year-to-date loss to 4.16%.
Roughly 30 years ago, the proliferation of the internet began changing Wall Street forever. While institutional investors had relied on internet-based trading for years, the ability for everyday investors to access online trading platforms, as well as find pertinent news and financial information with the click of a button, was revolutionary.
General Motors persuaded a federal appeals court on Friday to decertify a class action seeking to hold the automaker liable for knowingly selling about 800,000 cars, trucks and SUVs with faulty transmissions.
Auto stock General Motors Co (NYSE:GM) was last seen up 1.4% at $48.40.
General Motors is recalling over 62,000 US vehicles over a faulty brake assembly that can cause fires to break out, even when the cars are off and unattended.