General Motors: Strong U.S. Position, But Still Much Work To Do In China

RiverNorthPhotography Investment thesis Since our previous article on General Motors, the company's shares have corrected and continue to show negative momentum in the pre-market due to a broad market correction. However, there are no fundamental reasons to sell the company's shares, and we maintain our BUY rating on GM shares. In the second quarter, the company consistently increased its market share in its largest market, the US, to 16.6% (+1.2 pp qoq), in contrast to its major competitors, whose share re ...