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GM reports third-quarter sales decline of 2.2%

GM reports third-quarter sales decline of 2.2%

DETROIT – General Motors Co. and its dealers increased retail sales 3% year over year and delivered 659,601 vehicles in the U.S. in the third quarter of 2024, but overall sales fell 2.2%, the company said in a statement Tuesday .

Electric vehicle sales increased 60% year-over-year. The automaker said it sold 32,195 electric vehicles in the third quarter, up 46% from the second quarter.

“GM’s EV portfolio is growing faster than the market because we have an all-electric vehicle for almost everyone, no matter what they want to drive,” said Rory Harvey, GM executive vice president and president of Global Markets.

Pictured above: A General Motors logo is seen in front of the General Motors Detroit-Hamtramck Assembly Plant in Hamtramck, Michigan on January 27, 2020. (AP Photo | Paul Sancya, File)

Published by The Business Journal, Youngstown, Ohio.

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