** Citigroup raises price targets on U.S auto manufacturers Ford F.N and General Motors GM.N

** Brokerage says better cost control and improved product offerings position GM and Ford to benefit from higher industry demand and new growth opportunities

** Citigroup notes the auto sector is well placed to meet growing demand in areas such as energy storage, autonomous technology, robotics, and digital services

** As of last close, F was up ~33% and GM rose 2.4% YTD