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Mercury Insurance Unveils This Year's Most Affordable New Electric Vehicles to Insure
Prnewswire· 2025-08-26 16:00
Core Insights - The automotive industry's transition to electrification is ongoing, with electric vehicles (EVs) being recognized as the future of transportation [1][3] - Mercury Insurance has released a list of the most affordable EVs to insure, aimed at helping budget-conscious consumers maximize insurance savings [1][2] Industry Overview - The list includes vehicles from the 2025 and 2026 model years, marking the 10th year of publication by Mercury Insurance [2] - Factors influencing insurance costs include claims on similar vehicles, repair costs, and vehicle safety records [2] Consumer Guidance - With federal EV tax credits nearing expiration, consumers are encouraged to consider purchasing an EV now [3] - The list provides options for consumers looking to reduce the total cost of car ownership, including insurance costs [4] Featured Vehicles - The top 10 most affordable EVs to insure include: - Chevrolet Blazer EV - Chevrolet Equinox EV - Nissan Leaf - Kia Niro EV - Ford F-150 Lightning - Hyundai Kona EV - MINI Cooper SE - Hyundai IONIQ EV (all models) - Fiat 500e - Subaru Solterra/Toyota BZ4X [8]
Chevy Equinox EV Tops Non-Tesla Charts: Can GM Keep the Lead?
ZACKS· 2025-08-06 13:41
Key Takeaways General Motors (GM) had a strong showing in the EV space last month, led by the Chevrolet Equinox EV. The electric SUV didn't just have its best month ever—it became the top-selling non-Tesla EV in the United States. GM sold more than 19,000 EVs last month, and the Equinox EV accounted for nearly half of that, with over 8,500 units sold. The Equinox EV seems to be hitting all the right notes in terms of range, price and charging. The Equinox EV offers over 315 miles of range, comes with fast-c ...
After a Hot July for GM EV Sales, Is the Stock a Buy Now?
ZACKS· 2025-08-05 16:21
Key Takeaways General Motors (GM) sold more than 19,000 electric vehicles (EVs) last month, up a whopping 115% year over year. The surge was largely led by strong demand for the Chevrolet Equinox EV model. The US legacy automaker is advancing well in its electrification journey, thanks to its robust portfolio, including 13 models across its Chevrolet, GMC and Cadillac brands. General Motors was the second-largest EV seller in the United States last year, just behind Tesla (TSLA) and managed to keep up the m ...
General Motors Q2 Revenue Down 1.8%
The Motley Fool· 2025-07-23 02:24
Understanding General Motors' Business and Focus General Motors (GM -7.91%), a leading automaker with a broad portfolio of cars, trucks, and SUVs, announced its Q2 2025 earnings on July 22, 2025. The company delivered GAAP revenue of $47.1 billion, surpassing analyst estimates of $45.8 billion (GAAP). Adjusted diluted earnings per share were $2.53, exceeding the consensus expectation of $2.34 (non-GAAP). Despite outpacing Wall Street's expectations, both revenue and profit saw notable year-over-year decline ...
GM(GM) - 2025 Q2 - Earnings Call Presentation
2025-07-22 12:30
Financial Performance - GM's Q2 2025 EBIT-adjusted was $30 billion[9, 47], with an EBIT-adjusted margin of 64%[47] - Adjusted automotive free cash flow was $28 billion[9, 47] - EPS-diluted-adjusted was $253[9, 47] - The company completed a $2 billion accelerated share repurchase program, retiring approximately 10 million shares during the quarter and approximately 43 million in total over the program[10] Sales and Market Share - GM's Q2 2025 U S market share increased by 07 percentage points year-over-year to 174%[9] - GM's overall sales were up 20% year-over-year in China, with NEV sales up 50%[10] - Q2 deliveries were 747k and H1 deliveries were 1440k[18] Electric Vehicles - GM maintained the 2 spot in EV sales in the U S with higher year-over-year sales and market share[9] - Chevrolet is now the 2 selling U S EV brand, and Cadillac is the 1 selling Luxury EV brand in the U S[9] - Q2 EV sales were up 111% year-over-year, representing 16% of the U S EV market[19] Investments and Capital Allocation - GM announced nearly $5 billion of investment in key U S manufacturing facilities[9] - The company is investing ~$900 million towards next-gen V8 engine production in Tonawanda, NY[24] - CY25 capital spend is projected to be $10–11 billion, including newly announced investments, with CY26-27 spend expected in the $10–12 billion range[9] Guidance and Tariffs - The company reaffirmed its 2025 guidance for EBIT-adjusted of $100–125 billion, EPS-diluted-adjusted of $825–1000, and adjusted automotive free cash flow of $75–100 billion[33, 34, 35] - The calendar year 2025 gross tariff impact is unchanged at $4–5 billion, with the company aiming to mitigate at least 30% of this impact[42]
Tesla Loses Steam In Q1 While US EV Sales Climb: The Winners And Losers
Benzinga· 2025-04-14 20:36
A new report highlights the growth of several automotive brands, as Tesla Inc. TSLA saw its market share decline in the U.S. electric vehicle sector in the first quarter.What Happened: A political push by Tesla CEO Elon Musk has led to protests at Tesla dealerships and lower sales of the leading electric vehicle company in the United States and around the world.A new Cox Automotive report, shared by Teslarati, highlights the top-selling electric vehicle companies and models in the United States for the firs ...