GM Dominates US Car Sales with 19% Surge in Q2
TL;DR Summary
General Motors (GM) reported a 19% sales gain in the second quarter, selling 1.3 million vehicles in the first half of the year, an 18% YoY increase. GM dominated the US auto industry in sales, with pickups and large SUVs accounting for 45% of total sales. The company sold 36,322 electric vehicles in the first half, with plans to roll out more EVs in the future. Despite challenges such as a shortage of rail cars and declining sales of certain models, GM remains the sales leader in the US.
- GM keeps US sales crown, surges with 19% gain in 2nd quarter Detroit Free Press
- GM Q2 sales jump 18.8% as new car demand rebounds Yahoo Finance
- Halfway Into 2023 New Car Sales Are Booming Even As Prices Stay High Jalopnik
- G.M.’s Sales Jumped 19% in the Second Quarter The New York Times
- GM Stock Gains Ground as Car Sales Improve TipRanks
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