General Motors Reports Decline in Sales and Record High Inventory Levels
Tuesday, 2 April 2024, 21:50
General Motors Quarterly Sales Report
General Motors reported a 1.5% drop in quarterly sales along with a notable increase in inventory levels, reaching the highest point since 2020. EVs played a crucial role in this scenario, with a significant 20.5% decline year-on-year according to CFRA analyst Garrett Nelson.
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