Stock Groups

GM auto sales fall for first time in four quarters By Reuters

[ad_1]

© Reuters. FILE PHOTO : FILE PHOTO – The new GM Logo is visible on the Detroit General Motors headquarters, Michigan. U.S.A. March 16, 2021. REUTERS/Rebecca Cook/File Photo

(Reuters] – General Motors Co. (NYSE) announced Friday that U.S. car sales dropped for the fourth quarter. The decline was caused by a sharpening of shortages in semiconductor chip supplies and low inventories.

Number. The No. 1 U.S. automaker reported that third quarter sales were down to 446.997 vehicles. This is down 218.195 vehicles over a year ago.

Disclaimer Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]