Every atomic assertion extracted from the underlying record, ranked by evidence strength.
There is a fundamental supply-demand imbalance in the pickup truck segment in the U.S.
GM achieved nearly a 10% margin in North America in the first quarter.
GM is in a bit of a sweeter spot than Ford in the current product cycle.
Both GM and Ford are very strong in the pickup truck and SUV segments.
GM is probably ahead of Ford in product cycle positioning and mobility aspects.
Markets are pointing to a higher open.
S&P futures are up four points.
Dow futures are up 42 points, a two-tenths gain.
Europe's Stock 600 is up by a point, which is four-tenths of a percent.
Procter & Gamble earnings topped analyst estimates.
Eli Lilly earnings topped analyst estimates.
DuPont earnings topped analyst estimates.
Fiat Chrysler sales came in lighter than forecast.
GM had strong earnings last week.
GM is trading as if the global auto cycle is about to end.
The first quarter was not an easy market, particularly for used car pricing.
Used car pricing came under pressure.
GM's sales in South America were down about 26%.
GM's losses in South America are now significant.
GM has been very proactive in restructuring underperforming operations in the past few years.
GM shut down some capacity globally.
The pickup truck segment is the core profit center for auto companies.
The pickup truck segment does not have a ton of competition.
The pickup truck segment is performing very well.
Pickup trucks are actually a very attractive segment globally.
Pickup trucks have fairly good loyalty.
Pickup truck franchises might be less prone to disruptions from autonomous driving and ride-sharing.
Mitsubishi Motors' mileage tests date back to 1991.
Regulatory risks are inherent in the auto industry.
Ford is enjoying pricing gains in SUVs and some pickup trucks.
GM is launching the Cruze and Malibu vehicles, which have not had a redesign in a very long time.
Ford is not quite at that sweet spot in its product cycle.
Ford is doing better in Europe.
Losses in Europe for auto companies are narrowing.
South America has been very weak for auto companies.
Mark Fields expects much more regulation of the auto industries, especially regarding climate change.
Regulations have always been around the auto industry.
GM and Ford's margins in North America remained very strong in the last year or so despite recall activity.
There is a lot of potential ahead in the auto industry beyond the current cycle.
Autonomous vehicles could eventually lead to lower insurance costs.
Mobility networks and connected car services offer new opportunities.
Automakers will have winners and losers in the race for autonomous and mobility networks.
Large pools of profits are sitting in autonomous mobility networks.
Some automakers have an advantage due to regulatory frameworks and the need for data.
GM announced a partnership with Mobileye in January to begin crowdsourced mapping.
Crowdsourced mapping collects data for driverable paths to teach self-driving cars.
Large companies like GM and Ford can leverage their size, scale, and technology partners to collect more and better data.
GM and Ford's market share in states like California and New York is less than their national share.
Republican Donald Trump could stretch his lead over rivals Ted Cruz and John Kasich in presidential primaries.
Hillary Clinton could pretty much put her very close to the magic number for the nomination if she has a strong day in presidential primaries.
The Philippine military has come under increased pressure to rescue more than 20 foreign hostages.
Abu Sayyaf extremists beheaded Canadian hostage John Ridsdale yesterday.
Canadian Prime Minister Justin Trudeau called the murder of John Ridsdale a heinous act.
The Storm Prediction Center out of Oklahoma says conditions are ripe today for severe weather over a large section of the Central and Southern Plains.
GM shares are up seven-tenths in pre-market trade.
Ford shares are up six-tenths in pre-market trade.
U.S. 10-year yield is at 1.92%.
Canadian National cut its full-year forecast after the bell last night.
DuPont's 2016 operating EPS view was above estimates.
Pioneer Natural boosted 2016 production growth views.