GM quarterly auto sales rise 17.6%

by Reuters

(Reuters) – General Motors Co on Monday reported a 17.6% rise in its first-quarter U.S. auto sales as pent-up demand for personal transport continued to outpace supply.

“We gained significant market share in the first quarter, pricing was strong, inventories are in very good shape,” said Steve Carlisle, GM Executive Vice President and President, North America.

GM said first-quarter sales rose to 603,208 vehicles from 512,846 vehicles a year earlier.

(Reporting by Kannaki Deka in Bengaluru; Editing by Krishna Chandra Eluri)

tagreuters.com2023binary_LYNXMPEJ320MT-BASEIMAGE

Related News:  You Made it to the Jersey Shore in Your EV...Now What?
author avatar
Reuters

You may also like

You can't access this website

Shore News Network provides free news to users. No paywalls. No subscriptions. Please support us by disabling ad blocker or using a different browser and trying again.