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GM reports 4.2% decline in Q2 U.S. sales as EV demand falls
General Motors' second-quarter U.S. sales fell 4.2% due to a decline in demand for its all-electric vehicles and Chevrolet Silverado pickup trucks. The year-over-year drop highlights reduced consumer interest in these vehicle segments.
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Adjacent reporting
- Porsche Sales Tumble on China Slump, Model Changeovers
- China's retail sales posted their first drop in over three years as domestic demand sours
- Biggest drop in petrol purchases in six years hits retail sales in Great Britain
- Global EV market goes K-shaped as the U.S. gets left behind
- Tesla's China-made EV sales jump nearly 40% in May as domestic market rebounds