GM Reports June U.S. Sales up 16 percent
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|General Motors Co. (NYSE: GM) today reported June sales of 248,750 vehicles in the United States, up 16 percent year over year and the company's highest sales since September 2008. Chevrolet, Buick, GMC and Cadillac all reported double-digit increases.
'Across the board, June was a strong month for GM,' said Kurt McNeil, vice president, U.S. Sales Operations. 'The combination of new products, available credit, lower fuel prices and modest economic growth was a stronger influence on consumer behavior than economic and political uncertainty.'
For the month, GM passenger car sales were up 12 percent year over year, thanks to a 32 percent increase in Chevrolet Malibu sales and a 21 percent increase in Buick LaCrosse sales.
Combined sales of all seven Chevrolet, Buick, GMC and Cadillac crossovers were up 30 percent versus a year ago.