Latest news with #ChevroletTrailblazer
Yahoo
a day ago
- Automotive
- Yahoo
GM vs. TM: How Do These Legacy Giants Stack Up in the Auto Space?
General Motors GM and Toyota Motor TM are two of the biggest names in the global auto industry and fierce rivals in the U.S. market. GM often leads the pack as the top-selling automaker in the country, while Toyota usually comes in a close second. In 2024, GM sold over 2.7 million vehicles in the United States, up 4% year over year. Toyota wasn't far behind, delivering 2.33 million units, a 3.7% increase from 2023. Globally, Toyota holds a clear edge. The Japanese automaker sold 10.8 million vehicles worldwide last year, compared to GM's 6 million. Toyota's scale and steady performance are reflected in its market value—around $255 billion—while GM trades at just under $50 billion. Year to date, shares of Toyota have declined 1.7%, compared with GM's decline of 8%. The auto sector has lost 10% over the same timeframe. Image Source: Zacks Investment Research Let's take a closer look at their fundamentals, growth catalysts and looming risks to determine which automaker is a better choice for investors now. General Motors is holding its ground but cracks are starting to show. The automaker managed to beat earnings expectations once again in the last reported quarter—a sign of resilience—but the near-term outlook is getting cloudier. Tariff pressure under Trump's presidency forced GM to revise its full-year outlook. The company now expects adjusted EBIT of $10 billion to $12.5 billion, down sharply from its earlier range of $13.7 billion to $15.7 billion. Net income projections were cut as well. GM suspended its share buyback program after having $4.3 billion in repurchase capacity left at the end of the first quarter of 2025. That move has rattled some investors, raising questions about how well GM is positioned to absorb the tariff blow. The company is also vulnerable to supply chain disruptions. GM expects a $2 billion impact from South Korean operations alone, where vehicles like the Chevrolet Trailblazer and Buick Encore GX are built—models that made up nearly 18% of its first-quarter sales. Its reliance on manufacturing in Mexico and Canada adds another layer of uncertainty. Even as GM pushes forward on its electric vehicle ambitions, the payoff remains uncertain. The company was the second-largest EV seller in the United States last quarter, and Chevrolet is now the fastest-growing EV brand. It also managed to make its EV lineup "variable profit positive" by the end of 2024, which means it now covers basic production costs. Still, that's a long way from achieving healthy margins, and progress will take time. Heavy investment in EVs, battery tech, and software continues to eat into GM's free cash flow. The company has lowered its adjusted automotive free cash flow forecast to $7.5-$10 billion, down from $11-$13 billion. While GM does have a strong cash position—$20.7 billion at the end of the first quarter of 2025—its financial flexibility could tighten if global risks escalate further. GM's long-term vision remains intact, but the road ahead is looking bumpy. The Zacks Consensus Estimate for GM's 2025 sales and earnings implies a year-over-year decline of 5.3% and 12%, respectively. EPS estimates for GM have been revised downward over the past 60 days. Image Source: Zacks Investment Research Toyota continues to show why it's considered one of the most dependable players in the global auto space. The company topped earnings expectations in its last reported quarter and expects to grow both sales volumes and revenues in fiscal 2026 (ending on March 31, 2026). However, profits may come under pressure as new challenges emerge. Toyota forecasts a 21% drop in operating income for fiscal 2026. That's largely due to rising material costs, a stronger yen and the impact of Trump's tariffs. Higher vehicle prices could hurt consumer sentiment and weigh on demand, especially in key markets like the United States. On the bright side, Toyota expects to sell 9.8 million vehicles in fiscal 2026, up from 9.36 million in fiscal 2025. Including Lexus, total sales are projected to reach 10.4 million units. Electrified vehicles—including hybrids and plug-ins—are a major driver, with expected sales rising to 5.18 million units, up from 4.75 million last year. That momentum is reflected in revenue forecasts, with sales projected to rise slightly to ¥48.5 trillion in fiscal 2026. Toyota's hybrid-first strategy is clearly resonating with buyers. RAV4, America's top-selling SUV, is now available only as a hybrid or plug-in hybrid model starting in 2026. By ditching the gas-only version, Toyota is doubling down on efficient, accessible electrification—something that stands out as BEV adoption is expensive. Beyond hybrids, Toyota is also making big moves in hydrogen. It's focused on expanding commercial vehicle use and scaling hydrogen infrastructure to cut costs over time. Meanwhile, Toyota is keeping investors happy. It raised its annual dividend to 90 yen per share in fiscal 2025 and expects to increase it to 95 yen in fiscal 2026. With consistent dividend growth and a measured approach to electrification, Toyota remains a steady and strategic player in an uncertain auto landscape. The Zacks Consensus Estimate for TM's sales in fiscal 2026 implies 6% growth year over year. The consensus mark for EPS, however, implies a decline of 13.5% year over year. While fiscal 2026 estimates for TM have moved down over the past 60 days, fiscal 2027 estimates have moved up. Image Source: Zacks Investment Research Our Take: TM Over GM Both General Motors and Toyota are navigating a tough macro environment with tariffs and rising costs squeezing profitability. GM is making steady progress in EVs and holds a strong position in the U.S. market, but near-term challenges and reduced financial forecasts have clouded its outlook. Toyota, meanwhile, continues to flex its global scale, hybrid dominance, and disciplined strategy—even as profit growth stalls. Its steady top-line momentum, growing electrified sales, and dividend growth are appealing. While GM has potential, Toyota's fundamentals and strategy look stronger now. Toyota currently carries a Zacks Rank #3 (Hold), while GM carries a Zacks Rank of 5 (Strong Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toyota Motor Corporation (TM) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Miami Herald
2 days ago
- Automotive
- Miami Herald
GM Korea posts 20% sales growth in May
SEOUL, June 4 (UPI) -- General Motors Korea's sales in May jumped more than 20% despite concerns that the automaker may leave South Korea amid U.S. tariff pressures. The automaker said Tuesday that it sold 50,029 units last month, up 20.13% compared to April. The Chevrolet Trax Crossover and its derivatives posted record monthly sales of 32,232 units, up 30.12%. The Chevrolet Trailblazer also cruised well, logging global sales of 16,389 units, up 16.26% month-on-month. The solid performance was comparable to the struggle of its local rivals. The country's major carmakers like Hyundai Motor, Kia, and Renault Samsung saw their sales decline in May. "The Chevrolet Trax Crossover and Trailblazer, fully led by GM Korea from development, continue to receive positive feedback in global markets thanks to their outstanding quality and product value," GM Korea Vice President Gustavo Colossi said. However, concerns persist as the 25% tariff imposed by the Trump administration on imported vehicles is feared to weigh on GM Korea, which exports more than 80% of its vehicles to the U.S. market. Against this backdrop, GM Korea's recent decision to sell off all of its service centers and underutilized facilities fueled speculation about its potential withdrawal. Although GM Korea reiterates its commitment to operations here and denies any immediate plans to exit from the country, uncertainty looms about the company's future, according to experts. "I don't think that GM Korea would pull out any time soon as it invested billions of dollars here in recent years. But if the high tariff continues, the company may be forced to reconsider its strategy," Daelim University automotive professor Kim Pil-soo told UPI. "The newly elected president should hurry to strike a deal with the U.S. government so that the tariff will fall below 10%. Then, GM Korea's operation will become sustainable," he said. Lee Jae-myung from the main opposition Democratic Party won a presidential election Tuesday to become the country's 21st state head. Copyright 2025 UPI News Corporation. All Rights Reserved.
UPI
2 days ago
- Automotive
- UPI
GM Korea posts 20% sales growth in May
SEOUL, June 4 (UPI) -- General Motors Korea's sales in May jumped more than 20% despite concerns that the automaker may leave South Korea amid U.S. tariff pressures. The automaker said Tuesday that it sold 50,029 units last month, up 20.13% compared to April. The Chevrolet Trax Crossover and its derivatives posted record monthly sales of 32,232 units, up 30.12%. The Chevrolet Trailblazer also cruised well, logging global sales of 16,389 units, up 16.26% month-on-month. The solid performance was comparable to the struggle of its local rivals. The country's major carmakers like Hyundai Motor, Kia, and Renault Samsung saw their sales decline in May. "The Chevrolet Trax Crossover and Trailblazer, fully led by GM Korea from development, continue to receive positive feedback in global markets thanks to their outstanding quality and product value," GM Korea Vice President Gustavo Colossi said. However, concerns persist as the 25% tariff imposed by the Trump administration on imported vehicles is feared to weigh on GM Korea, which exports more than 80% of its vehicles to the U.S. market. Against this backdrop, GM Korea's recent decision to sell off all of its service centers and underutilized facilities fueled speculation about its potential withdrawal. Although GM Korea reiterates its commitment to operations here and denies any immediate plans to exit from the country, uncertainty looms about the company's future, according to experts. "I don't think that GM Korea would pull out any time soon as it invested billions of dollars here in recent years. But if the high tariff continues, the company may be forced to reconsider its strategy," Daelim University automotive professor Kim Pil-soo told UPI. "The newly elected president should hurry to strike a deal with the U.S. government so that the tariff will fall below 10%. Then, GM Korea's operation will become sustainable," he said. Lee Jae-myung from the main opposition Democratic Party won a presidential election Tuesday to become the country's 21st state head.
Yahoo
3 days ago
- General
- Yahoo
Dillon County deputies look for convenience store robber
Video courtesy of Dillon County Sheriff's Office DILLON COUNTY, S.C. (WBTW) — Dillon County authorities are looking for a person who robbed the Sav-Mart convenience store in the Little Rock community Monday evening. Deputies said the suspect was wearing a mask and had a gun when they entered the store and demanded money from the clerk. It happened at about 5:20 p.m. The suspect fled with an undetermined amount of money, driving what was believed to be a gray Chevrolet Trailblazer, deputies said. The SUV, possibly a 2000-year model, left on Highway 9 West and turned right onto Highway 57 North. Deputies are asking anyone with surveillance cameras who lives in the area of Highway 9 West or Highway 57 to check their video for the SUV. Anyone with information is asked to call detective Shannon Grainger at 843-774-1432, to email sgrainger@ or to call the department's nonemergency dispatch at 843-841-3707. Tip cans can also be provided on the department's Facebook page. A private donor is offering $1,000 for information that leads to an arrest and conviction. The sheriff's office said $500 will be paid at the time of arrest and $500 after a conviction. You may remain anonymous. * * * Dennis Bright is the Digital Executive Producer at News13. He joined the team in May 2021. Dennis is a West Virginia native and a graduate of Marshall University in Huntington, West Virginia. Follow Dennis on Facebook, X, formerly Twitter, and read more of his work here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
30-05-2025
- General
- Yahoo
4 injured in 3-vehicle crash on Route 30 in Unity
May 29—At least four motorists were injured, one critically, in a three-vehicle crash Thursday morning on Route 30 in Unity. Two women were taken by ambulance to AHN Forbes Hospital in Monroeville, one in critical condition and the other in stable condition, following the crash near the Theatre Street intersection, according to Mutual Aid Ambulance Service spokesman Shawn Penzera. He said a man and woman who were in stable condition were taken by ambulance to Independence Health Latrobe Hospital for treatment. According to preliminary information from state police, a Chevrolet Monte Carlo sideswiped a Ford F-150 pickup as the Monte Carlo went over the median and collided head-on with a Chevrolet Trailblazer. The Monte Carlo ended up facing the wrong way in the westbound lane. All three vehicles were towed. Unity firefighters responded to the collision, which occurred shortly before 7:30 a.m., a Westmoreland County Public Safety supervisor said. A section of Route 30 was closed between Theatre Street and the Route 30 Shoppes Plaza until about 11 a.m., while the wreckage was cleared and state police from Greensburg investigated. Additional details were not available. Jeff Himler is a TribLive reporter covering Greater Latrobe, Ligonier Valley, Mt. Pleasant Area and Derry Area school districts and their communities. He also reports on transportation issues. A journalist for more than three decades, he enjoys delving into local history. He can be reached at jhimler@
