Citigroup Maintains "Buy" Rating for General Motors (GM) Amidst Competitive Auto Industry Challenges

• Citigroup reaffirms its "Buy" rating for General Motors (NYSE:GM), with a current stock price of approximately $47.79.
• GM faces stiff competition from Toyota Motor (TM), especially in the global market, where Toyota leads with significant vehicle sales and hybrid technology advancements.
• Despite challenges such as tariffs and supply risks impacting its financial outlook, GM's market position and Citigroup's confidence highlight its potential for long-term growth.

On June 4, 2025, Citigroup maintained its "Buy" rating for General Motors (NYSE:GM), with the stock price at approximately $47.79. GM is a major player in the global auto industry, competing closely with Toyota Motor (TM) in the U.S. market. Despite challenges, GM remains a leading automaker in the U.S., selling over 2.7 million vehicles in 2024, a 4% increase from the previous year.

Toyota, however, holds a significant advantage globally, selling 10.8 million vehicles last year compared to GM's 6 million. Toyota's strength lies in its hybrid technology and global reach, as highlighted by its plan to grow sales to 10.4 million units in fiscal 2026. This growth is driven by strong demand for hybrid and plug-in vehicles, alongside its expansion in hydrogen technology.

In contrast, GM has faced challenges, including cutting its 2025 EBIT outlook and pausing share buybacks due to tariffs and rising supply risks. Despite these hurdles, GM's stock price is currently $47.81, reflecting a decrease of approximately 2.55%. The stock has fluctuated between $47.66 and $49.05 today, with a market capitalization of approximately $45.96 billion.

GM's stock has experienced significant volatility over the past year, reaching a high of $61.24 and a low of $38.96. Today's trading volume on the New York Stock Exchange is 5,823,309 shares. Despite the current challenges, Citigroup's "Buy" rating suggests confidence in GM's long-term potential in the competitive auto industry.