General Motors’ 1Q Vehicle Sales Rise On Strong Auto Demand
General Motors’ total sales rose 4% in the first quarter compared
to the same period last year, driven by strong auto demand. The
automaker’s shares rose around 3% in early trade on Monday. During
the quarter, General Motors (GM) sold 642,250 vehicles in the U.S.
Retail deliveries increased 19% year-on-year, while its fleet sales
declined 35%. The company noted that all four U.S. brands
reported double-digit growth in retail sales during the