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The Power Of Pickups Shows No Signs Of Fading Away Even In The EV Era

Benzinga ·  Oct 24 07:32

With all eyes on Tesla Inc (NASDAQ:TSLA) and its third quarter earnings that are scheduled for release after the bell, General Motors (NYSE:GM) made quite an earnings appearance this week, smashing estimates and hiking its earnings guidance for the third time this year, fueled by the strength of trucks and crossovers in the U.S. market.

The unquestioned king of pickup trucks Ford Motor (NYSE:F) is due to report it result on October 28th. But while General Motors continued to expand its EV lineup, Ford has been turning to hybrids to deal with mounting EV losses.

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