General Motors Q3 Sales Drop But Outperforms Industry Forecasts. EV Sales Surge 60%

General Motors Q3 Sales Drop But Outperforms Industry Forecasts. EV Sales Surge 60%

General Motors reported declining third-quarter sales but slightly outperformed industry forecasts. GM’s EV sales surged by 60 year-over-year, though EVs made up just under 5 of total sales, led by the Cadillac Lyriq. Small crossovers like the Chevrolet Trax also saw strong demand. GM’s total 2024 sales through the third quarter are down 1 year-over-year. Industrywide, third-quarter sales are projected to fall 2 compared to last year.


User: Benzinga

Views: 2.9K

Uploaded: 2024-10-02

Duration: 00:34

Your Page Title