General Motors Company (GM) and Stellantis N.V. (STLA) are two prominent players in the global auto manufacturing industry. GM designs, manufactures, and sells cars, trucks, crossover vehicles, and related automobile parts to dealers for consumer retail sales and fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments worldwide. It also offers vehicle protection, maintenance, satellite radio, and automotive financing services. Netherlands-based STLA designs, manufactures, and sells passenger vehicles, pickup trucks, SUVs, and light commercial vehicles worldwide. It also produces metallurgical products and production systems for the automobile industry and provides retail and dealer financing, leasing, and rental services.
A surge in oil and metal prices and deepening supply chain disruptions due to the ongoing Russia-Ukraine war led to the auto manufacturing industry losing momentum lately. However, automakers investing hugely in developing electric and autonomous vehicles over the years are well-positioned to capitalize on rising demand and favorable government policies.
