General Motors and Ford's success in their home U.S. market has become increasingly vital, especially as they face significant sales challenges in China.
GM's write-off of $5 billion for its joint venture in China highlights the severe challenges posed by the rise of domestic EV companies.
The rise in U.S. sales, driven by lower interest rates and higher incentives, indicates a positive trend, but also raises concerns about long-term pricing strategies.
Despite lower hopes for the Chinese market, GM and Ford's U.S. market share remains solid, with GM at nearly 17% and Ford at 13%.
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