6 Facts to Learn About General Motors Right Now

On a lookout for a solid investment opportunity? You should consider General Motors options.
Here’s why:

1) Follow the leader

General Motors is a US automobile market leader with a 16.9% share, which has been steadily growing for 13 out of 14 past months.

GM YoY Revenues

2) In with the trends

In January 2016, General Motors and Lyft (a popular on-demand car service) announced “a long-term strategic alliance”. Lyft drivers will be driving a portfolio of GM cars, exposing General Motors to a broader clientele in more diverse locations.

GM invested $500 million in Lyft in Jan 2016

3) Defying expectations

GM’s average transaction price in January increased 4.4% during January 2017 – a new record for the month usually characterized by a slowdown of sales in the industry.

Chevrolet cars are seen at a GM dealership in Miami, Florida.

4) Strategic ventures

Having realized that the population of their vehicles is growing and more customers will soon be pushed into the aftermarket, GM ventured into the spare parts, accessories and components market. Company revenue quickly proved this to be a smart idea.

GM Middle East technicians

5) Not slowing down

In a recent press-release “General Motors” management said that the company is forecasting year-over-year growth in both sales and market share.

Chevrolet Corvette Grand Sport Collector’s Edition

6) Looking smart

The company is planning several vehicle redesigns this year, including for some of its popular SUVs, such as the Chevy Equinox and Chevy Traverse, which could lift sales.

Chevrolet Traverse

General Motors Company will be releasing their Q4 earnings Feb 07, 2017 before markets open — a perfect opportunity to trade GM classic options.