GM competitive strive
- Plans to compete heavily against its key competitor FORD with its new V8 Economy trucks.
- Actively talking about re-building its un-active manufacturing plants.
- GM is in the midst of producing electric vehicles, and testing them in South Korea.
- GM actively investing in an IT/RD department.
GM has done a remarkable job at re-establishing itself, paying down its debt. In the short term $GM may be discounted due to the DOW, and S&P being overvalued in the long term forty dollars a share is a very realistic target .GM releases earnings on April 29, 2013 analyst are expecting $0.40 any number above $0.40 would be better than Q3 2012 and a good indication that company is recovering at a greater rate.
(Vehicle sales in the U.S)
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John Castillo
Independent Contributor