GM reports best U.S. quarterly sales since 2020

Posted: Jul 02, 2024

- General Motors reported its best quarterly sales in over three years, with an increase in full-size pickup trucks and EVs. - GM's total sales through the first half of the year were down 0.4% compared to a year earlier. - GM's second-quarter sales are expected to exceed the industry average. - An unknown factor in the second quarter is the impact of cyberattacks on CDK Global, affecting dealerships. - Toyota reported U.S. sales of 621,549 vehicles in the second quarter, up 9.2% from a year earlier. - Hyundai sold 214,719 vehicles, up 2.2% in the second quarter, while Kia reported a 6.5% decrease in June sales. - General Motors (GM) reported best U.S. quarterly sales in over three years - Sales of 696,086 units for second quarter, up 0.6% from last year - Electric vehicle deliveries increased by 40% to 21,930 units - EVs accounted for 3.2% of total second-quarter sales - Full-size pickup sales totaled approximately 229,000 units, up 6% - Year-to-date sales for GM down 0.4% compared to last year - GM expects second-quarter sales to slightly outpace overall industry - Cyberattacks on CDK Global may affect sales during second half of June - Toyota reported U.S. sales totaling 621,549 vehicles for second quarter - Hyundai brand sold 214,719 vehicles, up 2.2% compared to last year - Kia reported a 6.5% decrease in June sales, down 2% year-to-date.





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