Core Insights - General Motors Company (GM) delivered 703,001 vehicles in the U.S. in Q4 2025, marking a 7% year-over-year decline, which aligns with overall industry trends [1][7] - Electric vehicle (EV) sales fell 43% year-over-year to 25,219 units, following a record Q3 due to accelerated purchases ahead of the federal tax credit expiration [1][7] - Despite weaker Q4 results, GM led the U.S. auto market in 2025 with a 6% increase in full-year sales, supported by gains across several segments [2][7] Sales Performance - Sales across GM's core brands declined in Q4 2025: Buick (-10.5%), Cadillac (-16.7%), Chevrolet (-6.7%), and GMC (-3.7%) [2] - GM Envolve achieved its strongest fourth-quarter fleet sales performance since 2018 [2] - GM retained its position as the leading full-size pickup manufacturer for the sixth consecutive year, with the Chevrolet Silverado and GMC Sierra achieving their highest combined sales in two decades [3] Competitive Landscape - In Q4 2025, Tesla sold 418,227 vehicles, down 16% from Q4 2024, with full-year deliveries totaling approximately 1.64 million vehicles [4] - Ford sold 545,216 vehicles in Q4 2025, a 2.7% year-over-year increase, and reported a 6% rise in total sales for the year [5] Valuation and Estimates - GM's shares have outperformed the Zacks Automotive-Domestic industry over the past six months, gaining 57.5% compared to the industry's 48.7% [6] - GM appears undervalued with a forward price/sales ratio of 0.42, significantly lower than the industry's 3.4 [9] - The Zacks Consensus Estimate for GM's 2025 EPS has increased by 18 cents in the past 60 days, while the 2026 EPS estimate has risen by 14 cents in the past 30 days [11]
General Motors' Q4 US Sales Fall 7% Y/Y: Is EV Weakness the Reason?