General Motors Wins 'Overall Loyalty to Manufacturer' for 11th Year, Tesla Secures Multiple Awards
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Newsfilter
- Loyalty Awards: General Motors has won the 'Overall Loyalty to Manufacturer' award for the 11th consecutive year, demonstrating its strong performance in customer retention and reflecting an improvement in brand health.
- Tesla's Market Strategy: Tesla secured the 'Overall Loyalty to Make' and 'Highest Conquest Percentage' awards, with loyalty rates of 63.6% among Asian and 61.9% among Hispanic households, significantly exceeding national averages, indicating its market appeal and innovative capabilities.
- Model Loyalty Increase: The Chevrolet Equinox won the 'Overall Loyalty to Model' award following its redesign, which resulted in a notable 4-percentage-point increase in loyalty year-over-year, highlighting the importance of product updates in customer retention.
- Intense Market Competition: S&P Global Mobility's analysis reveals razor-thin margins between winners in multiple categories, with many award recipients separated by less than one percentage point, underscoring the fierce competition and dynamics in customer loyalty.
Analyst Views on GM
Wall Street analysts forecast GM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GM is 74.71 USD with a low forecast of 46.00 USD and a high forecast of 100.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
14 Buy
2 Hold
1 Sell
Strong Buy
Current: 83.240
Low
46.00
Averages
74.71
High
100.00
Current: 83.240
Low
46.00
Averages
74.71
High
100.00
About GM
General Motors Company designs, builds and sells trucks, crossovers, cars and automobile parts and provides software-enabled services and subscriptions worldwide. The Company's segments include GMNA, GMI, Cruise and GM Financial. Its GM North America (GMNA) and GM International (GMI) develop, manufacture and/or markets vehicles under the Buick, Cadillac, Chevrolet and GMC brands. The Company provides automotive financing services through its General Motors Financial Company, Inc. (GM Financial) segment. Its Cruise segment is engaged in the development and commercialization of autonomous vehicle technology. Its software-enabled services and subscriptions, including OnStar, its advanced driver-assistance systems (ADAS), including Super Cruise driver assistance technology, and its end-to-end software platform. The Company is also focused on investing in electric vehicles (EVs) and AVs, software-enabled services and subscriptions and new business opportunities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
