Getting your hands on a new car should become easier this year. The big question for both consumers and investors is at what price.
The most surprising projection made by General Motors when it reported fourth-quarter results after the bell on Tuesday was for growth of 25% to 30% this year in the number of vehicles it ships to dealers globally. In 2021, the semiconductor shortage held back GM’s deliveries in the second half, so the expected jump would mostly make up for lost ground. It is still aggressive relative to the current industry consensus.