Automotive analyst John Murphy of Murphy Automotive Partners expects hybrid sales to hit 34% of U.S. sales in 2031. Still, he said it makes sense for GM to emphasize its highly profitable gas-only trucks and SUVs, while its EV lineup could position the company well if regulations tighten in coming years.
GM’s strategy “is not as clear a major mistake as I think some people believe,” Murphy said.
Picryl
New Jersey GM dealer David Ferraez said dealers would be hesitant to add more EVs to their lots, because they have been a tough sell.
“I'm hoping that GM can adapt and come up with a way to build hybrids,” he said.