Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting Car/Truck Manufacturer News
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Weather Man" data-source="post: 16600996" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3678618-general-motors-us-retail-sales-top-19-in-q1" target="_blank">General Motors' U.S. retail sales top 19% in Q1</a></p><ul> <li data-xf-list-type="ul">General Motors (<a href="https://seekingalpha.com/symbol/GM" target="_blank">GM</a> +0.7%) <a href="https://investor.gm.com/news-releases/news-release-details/gms-first-quarter-us-retail-sales-grow-19-percent" target="_blank">reports</a> Q1 sales +4% Y/Y to 642,250 vehicles.</li> <li data-xf-list-type="ul">The company saw all four U.S. brands had double-digit Y/Y increases in retail sales, with total retail sales up 19%.</li> <li data-xf-list-type="ul">Cadillac and Buick deliveries were up 43%, GMC up 23% and Chevrolet up 13%.</li> <li data-xf-list-type="ul">Fleet sales contracted 35% Y/Y with sales to commercial and government customers down 15% and rental sales -55%.</li> <li data-xf-list-type="ul">The company has set a first-quarter record with average transaction prices at $40,353.</li> <li data-xf-list-type="ul">“Over the last year, our dealers, supply chain and manufacturing teams have gone above and beyond to satisfy customers as demand for GM products rose sharply,” said Steve Carlisle, GM executive vice president and president, North America. “The great teamwork continues. Sales are off to a strong start in 2021, we are operating our truck and full-size SUV plants at full capacity and we plan to recover lost car and crossover production in the second half of the year where possible.”</li> <li data-xf-list-type="ul">GM also has been impacted by the <a href="https://seekingalpha.com/news/3661020-does-the-semiconducter-shortage-need-another-operation-warp-speed" target="_blank">global semiconductor shortage</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16600996, member: 137766"] [URL='https://seekingalpha.com/news/3678618-general-motors-us-retail-sales-top-19-in-q1']General Motors' U.S. retail sales top 19% in Q1[/URL] [LIST] [*]General Motors ([URL='https://seekingalpha.com/symbol/GM']GM[/URL] +0.7%) [URL='https://investor.gm.com/news-releases/news-release-details/gms-first-quarter-us-retail-sales-grow-19-percent']reports[/URL] Q1 sales +4% Y/Y to 642,250 vehicles. [*]The company saw all four U.S. brands had double-digit Y/Y increases in retail sales, with total retail sales up 19%. [*]Cadillac and Buick deliveries were up 43%, GMC up 23% and Chevrolet up 13%. [*]Fleet sales contracted 35% Y/Y with sales to commercial and government customers down 15% and rental sales -55%. [*]The company has set a first-quarter record with average transaction prices at $40,353. [*]“Over the last year, our dealers, supply chain and manufacturing teams have gone above and beyond to satisfy customers as demand for GM products rose sharply,” said Steve Carlisle, GM executive vice president and president, North America. “The great teamwork continues. Sales are off to a strong start in 2021, we are operating our truck and full-size SUV plants at full capacity and we plan to recover lost car and crossover production in the second half of the year where possible.” [*]GM also has been impacted by the [URL='https://seekingalpha.com/news/3661020-does-the-semiconducter-shortage-need-another-operation-warp-speed']global semiconductor shortage[/URL]. [/LIST] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting Car/Truck Manufacturer News
Top