The automaker's reduced sales numbers for 2017 are driven more by the fleet side than the more-profitable retail channel.
Given that the U.S. auto industry in our view peaked last year, we are not sure what moves Jim Hackett can make in the short term that will boost the stock price--beyond the CEO change itself.
We think shares remain overvalued as the firm gets ready to launch its mainstream sedan.
F-Series truck sales top 70,000 in weaker than expect month for automakers.
Ruling means automaker can be sued over faulty ignitions, but we kept a high reserve in place to account for legal risk such as this.
The automaker's story suggests that more upside remains for the stock.
We consider the current sales environment healthy and do not see the industry on the verge of a major contraction.
The sale of Opel/Vauxhall is prompting us to boost our fair value estimate of the automaker to $51 from $50.
The narrow-moat car dealership has a bold strategy for both new and used car sales, but shares are pricey today.
We caution against too much enthusiasm on the news of GM possibly selling Opel and Vauxhall.
The automaker posted record full-year adjusted automotive free cash flow and record full-year revenue, adjusted EBIT.
The company declares special dividend and expects pretax profit for 2017 to decline, as a strong core auto business will not offset negative variances from Ford Motor Credit.
Both GM and Ford reported a strong finish in 2016, and we remain optimistic about the demand environment this year.
Ford's November sales were led by F-Series pickups while GM enjoyed robust growth across brands.
We maintain our fair value estimate for the automaker despite continued headwinds.
A profitable quarter was a pleasant surprise, but we plan to lower our fair value estimate.
We plan to lower our fair value estimate but continue to see excellent upside for GM.
GM's sales outpaced the industry while Ford suffered tough year-over-year sales.
The narrow-moat motor-home manufacturer's purchase of towable-maker Grand Design will increase total company revenue by more than 40% from fiscal 2016 levels.
The auto maker's management is doing the right thing by investing for a future focused on selling vehicles as well as selling miles, even if it means some losses for the next few years.
The quarter was stellar, even with currency headwinds.
The dramatic acceleration of Tesla’s production plans will lead to a significant increase in our fair value estimate -- to the $300 to $330 range -- writes Morningstar’s Dave Whiston.
The deal makes strategic sense, and we're maintaining our fair value estimates.
Exiting autos is a dramatic transformation, but the moat looks safe.
The firm's delivery guidance may continue to move the stock, but it is somewhat distracting from the real story.
Weak international results from South America and elsewhere are weighing, but we still see opportunity in the firm, writes Morningstar’s Dave Whiston.
The auto giant’s upbeat quarterly report shows that the firm is starting to take advantage of its scale, writes Morningstar’s Dave Whiston.
The cutting-edge automaker has incredible growth potential, but given the immense uncertainty it faces in the coming years, the stock is overvalued at current prices.
Investors who ignore the new, more profitable GM are missing an opportunity to get alpha in a market where bargains are scarce.
Even with our lower fair value estimate, the dividend payer looks attractive.
The dividend is paying investors to wait for the recovery that we expect in 2015 and beyond.
Buffett will increase the competition for acquisitions, but there are still plenty of opportunities for the publicly traded dealers in this fragmented market, writes Morningstar’s David Whiston.
The carmaker is a formidable disruption threat, but even its CEO says the stock price looks high.
The automaker turned in disappointing second-quarter results, but there still is potential for significant margin improvement over the next few years, says Morningstar’s Dave Whiston.
The forthcoming changes in these firms' executive offices shouldn't make waves, as the new helmsmen are wise choices.
The new General Motors is much leaner than its predecessor, and any near-term litigation risk will have little impact on the automaker's 1.85 billion diluted shares.
The dealers are the only auto sector we cover in which all firms enjoy an economic moat.
We are concerned about a slow start to U.S. light-vehicle sales this year, but we expect improvement once the cold abates.
This company's growth prospects and investments in future production make it an attractive idea with a 3% earnings distribution, to boot.
Our fair value estimate and moat rating remain intact.
Costs and regulatory issues keep mirrors safe from replacement by cameras in the medium term, but Gentex should try to acquire camera maker Mobileye for its growth potential in active safety and to put Gentex’s cash hoard to work.
Even after a strong rebound from the market trough in 2009, the U.S. auto sector still has room to run.
It's not immune to competitive pressures, and its edge on quality isn't what it used to be.
Impressive North American sales in the third quarter underscore Ford's potential, and shares continue to look undervalued, says Morningstar's David Whiston.
A lot, actually. This automaker has tremendous upside as it fights industry headwinds and transforms itself into a global presence.
We continue to be frustrated by constant turnover in senior leadership roles at GM.
Natural disasters delayed the recovery in 2011, but we do not see many impediments in 2012.
Morningstar's Dave Whiston says that less-than-ideal conditions abroad should have investors focusing on Ford's improvements to its North American operations.
We remain very optimistic about the long-term prospects of the new GM.
Still, we think the automaker's cash is better put toward the plan than a dividend.