20:13:22 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



General Motors Company
Symbol GMM
Shares Issued 1,494,723,270
Close 2017-07-05 U$ 34.92
Market Cap U$ 52,195,736,588
Recent Sedar Documents

FP/wire say GM sees increased demand for pickups, SUVs

2017-07-05 08:07 ET - In the News

The Financial Post reports in its Wednesday, July 5, edition that General Motors said on Tuesday it sold 27,151 vehicles in Canada last month, up 4.2 per cent from a year earlier on increased demand for pickup trucks and compact sport-utility vehicles. A Reuters dispatch to the Post reports that the increase made for GM's best June performance since 2011, the company said. For the first six months of the year, total sales were up 15.6 per cent, the strongest first half of the year since 2008. In contrast, Fiat Chrysler said it sold a total of 26,926 vehicles in June, down 7 per cent from the year before as sales of its Jeep brand declined. United States auto sales fell for a fourth consecutive month in June, the major automakers reported on Monday. Canadian auto sales hit a record high in May, prompting Bank of Nova Scotia senior economist Carlos Gomes to recently raise his 2017 sales forecast to two million vehicles from 1.94 million.

© 2024 Canjex Publishing Ltd. All rights reserved.