GM Reports Third Quarter Sales…and They’re WAY Down
The effects of semiconductor supply chain disruptions and historically low inventories are taking a big toll on one of the world’s largest automakers. General Motors dealers delivered 446,997 vehicles in the U.S. during the third quarter of 2021, which was down 218,195 units from a year ago. Now for the good news. GM did grow its retail share in the full-size pickup segment by 2 percentage points in the third quarter, with Chevrolet Silverado and GMC Sierra combining for a 38-percent share. Fleet sales were up 13-percent to boot. In addition, seven in 10 customers in the full-size SUV segment bought a Chevrolet Tahoe, Suburban, or GMC Yukon.