BUZZ-US auto stocks gain in 2025 while reducing EV production targets
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U.S. automakers General Motors (GM) and Ford are projected to finish 2025 positively despite reducing electric vehicle (EV) production due to the suspension of tax credits. Ford's shares have risen by 33.6% this year, while GM's have increased by 54.5% year-to-date. Both companies have made significant cuts to their EV production, with GM laying off 1,200 workers and Ford facing production issues due to a fire at a supplier's factory. Brokerages show a mixed outlook, with GM receiving more favorable ratings than Ford.
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