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GM’s stock rises after auto maker reports 19% quarterly sales increase

Clyde Edgerton by Clyde Edgerton
July 5, 2023
in Markets
GM’s stock rises after auto maker reports 19% quarterly sales increase
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General Motors Co. joined Tesla Inc. and Rivian Automotive Inc. in reporting upbeat sales data for the second quarter, saying that U.S. sales rose 19% on-year and all of its four brands saw double-digit growth.

GM GM said it delivered 691,978 vehicles in the second quarter, including sales of nearly 16,000 electric vehicles.

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