** U.S. automakers General Motors GM.N and Ford F.N set to end 2025 on a positive note, even as they reduce EV production after the suspension of tax credits by the U.S. administration
** Ford's shares up about 33.6% this year; GM gains 54.5% YTD
** Ford scrapped several EV models earlier this month, taking a $19.5 billion writedown
** GM cut U.S. EV and battery production in October, and laid off 1,200 workers at its EV plant in Detroit and 550 staff at its Ohio battery plant
** Ford also contended with a fire at a factory of a key aluminum supplier, which impacted the production of its F-150 Lightning electric pickup
** 17 of 28 brokerages rate GM "buy" or higher, 9 "hold" and two "sell"; median PT is $79.26 - LSEG data
** Two of 23 brokerages rate Ford "buy" or higher, 19 "hold" and two "sell" or lower; median PT is $13
(Reporting by Parth Chandna)
((Parth.Chandna@thomsonreuters.com;))
