Major Automakers Report Higher Quarterly Sales in 2023 Despite Supply Difficulties: General Motors, Toyota, and Stellantis See Surge in Demand
Major automakers on Wednesday reported higher quarterly U.S. sales, reflecting higher vehicle inventories and support from a strong labor market. General Motors (GM) posted a 19% rise in second-quarter shipments to 691,978 units, thanks to strong gains for its Sierra pickup truck and its upscale Cadillac brand. The American giant also mentioned the progress in … Read more