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Why Ford Motor And General Motors Are Really Undervalued

If you need any proof that the U.S. business of auto manufacturers is on fire, you don't have to look further than to the release of their January sales numbers. General Motors (GM) really rocked the boat earlier last week when it reported a whopping 18% year-over-year increase in U.S. vehicle sales, a 14% increase in retail sales, and a 32% jump in fleet deliveries. General Motors sold 202,786 vehicles in the United States last month alone. According to General Motors, January sales were the best in seven years. This strength showed itself across brands:

  • Chevrolet sales were up 20%.
  • GMC's Sierra sales increased 14%.
  • Cadillac XTS deliveries grew 14%.
  • Cadillac Escalade deliveries boomed 149%.
  • Encore deliveries spiked 46%.

Positive sales momentum and a supportive economy have lend a lot of support to General Motors. But the company is not the only one benefiting from improving fundamentals in the auto … Read More …