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