GM reported its best quarterly sales over three years, with total sales, up 0.6% from last year. Sales of GM's full-size pickup trucks were up approximately 6% year-over-year. GM's electric vehicle deliveries increased by 40% in Q2 compared to the previous year. GM's year-to-date sales through the first half of 2024 were down 0.4% at around 1.3 million vehicles. Industry analysts expect overall US auto sales to be roughly flat for Q2 compared to last year amid slowing retail demand.
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00:00It's Benzinga, and here's what's on the block.
00:02GM reported its best quarterly sales in more than three years,
00:05with total sales up 0.6% from the same period last year.
00:09Sales of GM's full-size pickup trucks were up approximately 6% year over year.
00:14GM's electric vehicle deliveries increased 40% in Q2 compared to the previous year.
00:20GM's year-to-date sales through the first half of 2024 were down 0.4%
00:24at around 1.3 million vehicles.
00:27Industry analysts expect overall U.S. auto sales to be roughly flat for Q2
00:31compared to last year amid slowing retail demand.
00:34For all things money, visit Benzinga.com.