General Motors August U.S. sales


General Motors' (GM) unit sales +14.7% to 275,847 vs. estimates for a 11% gain.

Retail sales rose 22% during the month to help offset an 8% drop in fleet sales.

By brand, Buick sales rose 37% and Cadillac jumped 38%, while Chevrolet sales came in with a more moderate pace of 10% growth.

GM continued its trend of reducing its reliance on fleet sales with the month seeing a 490 bps drop from last year to 19.9% fleet share of total sales.

(PR)

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Comments (1)
  • bbro
    , contributor
    Comments (11223) | Send Message
     
    Continued strong year over year car sales...no recession on the horizon...
    4 Sep 2013, 11:45 AM Reply Like
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