GM’s US deliveries in Q1 decline 1.5% to 594,233
02 Abril 2024 - 3:24PM
IH Market News
General Motors Company (NYSE:GM) announced on Tuesday in a press
release that its deliveries in the United States in the first
trimester of 2024 amounted to 594,233 vehicles, falling 1.5% year
over year.
Meanwhile, the carmaker noted that its retail sales for the
reported period saw an annual growth of 6%. The firm further added
that all of its electric vehicles (EVs) “under the federal MSRP cap
are eligible for the full $7,500 IRA [Inflation Reduction Act]
consumer tax credit.”
“Our brands are all performing well. GM gained retail market
share year-over-year with strong mix and pricing, our inventories
are in good shape heading into the spring, and production and
deliveries of Ultium Platform EVs are rising, led by the Cadillac
LYRIQ,” Senior Vice President for North America Marissa West
commented.
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