The Blue Oval won't let General Motors forget it.
2021 was a fantastic year for the Ford Motor Company. The Blue Oval launched several successful new models including the off-road capable Bronco, lifestyle-friendly Maverick, and tech-forward Mustang Mach-E. With the all-electric 2022 Ford F-150 Lightning slated to arrive next year, Ford should carry its momentum into next year and build upon the success in 2021. Customers aren't the only ones taking notice of Ford's product onslaught, as the market has caught on with the year now coming to a close.
Ford's market capitalization closed at $82.962 billion on Tuesday, narrowly beating out General Motors at $82.916 billion. This is the first time Ford has surpassed GM's market cap since 2016. GM is narrowly higher than Ford as of this writing ($83.31 billion compared to $82.14 billion), but it will be interesting to see where these numbers land when the market closes at the end of the week leading into 2022.
2022 will likely see an epic tug of war match between these two American auto giants, and we can't wait to be spectators. Ford has the anticipated F-150 Lightning coming next year, but GM has its fair share of exciting products in the pipeline. These include the all-electric GMC Hummer EV and Cadillac Lyriq. And though they may not go on sale in 2022, we will get our first looks at the Chevrolet Silverado EV, GMC Sierra EV, and Cadillac Celestiq.
Electrification is crucial to both automakers' success, but Ford and GM still have plenty of awesome gasoline-powered vehicles coming next year. Ford will reveal the V8-powered Raptor R and the first-ever Bronco Raptor. Meanwhile, GM will roll out its facelifted 2022 Silverado and Sierra lineups plus the highly-anticipated Corvette Z06. We frankly can't wait to see all of the new projects from both companies heading into 2022. It's difficult to predict which one will finish the year on top in 2021, but the competition has clearly bred great products on both sides.