General Motors's stock has surged 39% this year, outpacing the S&P 500's 19%, thanks to a reduction in financial losses from electric vehicles and warranty expenses.
GM continues to lead in unit sales over Ford, with a US market share of 16.89%, compared to Ford's 13%, signaling a strengthening dominance in the market.
The latest JD Power Initial Quality Survey highlights GM's superior build quality, with Chevy ranking No.2 and Buick No.5, while Ford and Toyota lag behind.
Ford's numerous car problems and high warranty costs may inadvertently enhance GM's reputation, further solidifying GM's competitive position in the auto industry.
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