Tuesday Ticker -- July 7, 2026

In this week's Tuesday Ticker, aftermarket investors weigh auto sales results, EV delivery updates, leadership changes and insurance technology earnings. 

GM Trucks Onward

A major Detroit automaker is reporting U.S. sales sank during the second quarter.

General Motors Co., a Detroit-based automaker, reported Q2 U.S. sales of 714,896 vehicles, down 4.2% from the same period last year. The decline was tied to a smaller EV market, discontinued vehicles and some inventory constraints. 

GM also reported full-size pickup and large SUV sales leadership, as well as continued fleet demand. 

“Our business is performing well, and customer demand is resilient, especially for our trucks and SUVs,” said Duncan Aldred, GM president of North America. “The depth, breadth and appeal of our vehicle portfolio allows us to lead the market in sales, while maintaining discipline on inventory, pricing and incentives to deliver strong margins.” 

Investors embraced the news. During the trading day following the announcement, GM shares rose 0.6% to US$76.00. 

Ford Sales Slide

Ford’s U.S. sales fell during the second quarter, even as the Dearborn automaker reported stronger retail share in June.

The Michigan automaker reported Q2 U.S. sales of 549,200 vehicles, down 10% from the same period last year. The company also reported that its estimated June retail market share rose 0.2 percentage points to 12.3%.

Demand for the F-Series, large SUVs and Ford Pro commercial vehicles remained strong. The company also reported that paid software subscriptions for Ford Pro Intelligence rose about 20% in the first half, topping 900,000 active subscriptions.

“Gaining retail market share even as we are phasing out some high-volume models shows the strength of the Ford lineup,” said Andrew Frick, president of Ford Blue and Model e. “F-Series widened its lead over competitors, and we continue to lean into our strengths: the Bronco family, large SUVs, off-road performance and Ford Pro commercial vehicles.”

Investors embraced the news. During the trading day following the announcement, Ford shares rose 3.2% to US$13.79.

Stellantis Sales Surge

Ram pickups, Chrysler Pacifica and Jeep Grand Wagoneer helped Stellantis report higher U.S. sales for the first half of 2026.

Stellantis N.V., the Amsterdam-based automaker behind Jeep, Ram, Chrysler, Dodge and other brands, reported U.S. sales rose 5% in the first half of the year. Q2 sales rose 6%, while June sales rose 10% year over year.

The automaker reported 634,187 U.S. vehicle sales in the first half. It pointed to stronger retail sales for the Jeep Grand Wagoneer, Ram 1500, Dodge Durango and Chrysler Pacifica.

“We delivered incremental market share gains over the first half of 2025, fuelled by Q2 year-over-year increases in retail sales of Jeep Grand Wagoneer (+43%), Ram 1500 (+9%), Dodge Durango (+9%) and Chrysler Pacifica (+7%),” said Michael Orange, head of U.S. retail sales and network performance.

Investors held steady. During the trading day following the announcement, Stellantis shares were unchanged at US$5.81.

Lucid Leaders Shift

Lucid has announced a new leadership structure after reporting its second-quarter production and delivery figures.

Lucid Group Inc., a Newark, California-based electric vehicle manufacturer, produced 4,774 vehicles and delivered 3,953 vehicles in Q2. The company also announced a new leadership structure under chief executive officer Silvio Napoli.

The changes include new leaders in finance, technology, customer operations, transformation and digital roles. Lucid remains a smaller repair-volume story than Tesla or Rivian, but its high-end EVs require specialized procedures, parts access and battery handling.

“We are simplifying the organization, strengthening leadership, enforcing accountability and aligning our structure with the priorities that matter most: customers, quality, and innovation,” said Napoli.

Investors embraced the news. During the trading day following the announcement, Lucid shares rose 7.2% to US$6.52.

Roadzen Revenue Rises

Roadzen has reported its strongest quarter to date, with higher revenue and a narrower annual loss.

Roadzen Inc., a New York-based auto insurance and mobility technology company, reported Q4 fiscal 2026 revenue of US$16.1 million, up 42% year over year. Full-year revenue rose 24% to US$55.0 million.

The company reported that its AI platform processes more than three million insurance claims annually and uses more than four billion miles of driving data. Its release also cited claims automation, telematics, underwriting tools and repair-cycle improvements.

“This was the best quarter in our history,” said Rohan Malhotra, founder and chief executive officer of Roadzen. “We have been building towards this growth for two years by laying the groundwork — we are seeing increased adoption of our platform, largely driven by the U.S. and India, and democratic growth across all of our product lines.”

Investors cooled on the news. During the trading day following the announcement, Roadzen shares fell 3.8% to US$1.46.