Argus Research Sticks to Their Buy Rating for General Motors (GM)We also believe that GM will be able to overcome the negative effects of tariffs by reshoring/diversifying production plans, renegotiating contracts with suppliers to lower costs and lobbying for policy adjustments (as automakers have historically lobbied against tariffs before) among other things. We further believe that most investors continue to undervalue the company’s strength in traditional ICE vehicles, particularly in light trucks, as well as its Chinese joint venture, Ultium battery, and its financial services businesses. When combined with what we believe are highly attractive valuation metrics, we see earnings growth reaccelerating through 2026, following a brief pause in 2025.