GM US sales in the first quarter increased 3.9% – Business – 04/04/2021

General Motors (General Motors) 642,250 sold Vehicles In the United States during the first quarter of the year, an increase of 3.9% over the same period in 2020, thanks to the strong increase in demand for the high-end brands of the manufacturer, which has expressed optimism about the economic development in the country.

GM Reported this Thursday that the brand’s sales Buick It increased by 35.2% to 45,784 units, while those from Cadillac, The group’s luxury brand, grew by 22.9% to 37,277.

Our company is specialized in producing Trolleys And SUVs, SUV cars It sold 10.5% more, with 131,239.

However, the collective consumer brand Chevrolet It lost 1.7% of its sales in the first three months of the year, with 427,950 units delivered in the first three months of the year.

General Motors’ inventory at the end of the first quarter of 2021 was 334,628 units, which is 76,247 less than at the end of the fourth quarter of 2020.

GM He explained that sales to individuals increased by 19% and that his four brands benefited from the increased flow of consumers to dealerships. The Business He emphasized that despite the shortage of microprocessors, which has led to a reduction in production across the sector, GM has prioritized producing its most profitable vehicles at the expense of other models.

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General Motors’ inventory at the end of the first quarter of 2021 was 334,628 units, which is 76,247 less than at the end of the fourth quarter of 2020.

“Sales are off to a strong start in 2021, and we are running our four-wheel drive and full-size truck plants to full capacity and plan to make up for lost production of small cars and SUVs in the second half of the year when possible,” he explains. Steve Carlisle, Executive Vice President, General Motors And the company president of North America, in a statement.

GM also indicated that the sales trend for the first quarter indicated a recovery in the US economy and estimated that if the pace continues in the coming quarters this year, 16.7 million cars will be sold in the US.

“Consumer confidence and spending will continue to rise thanks to (economic) stimulus, high vaccination rates and reopening of the growing economy,” said Eileen Packberg. “Demand for cars should remain strong throughout the year.”

The automaker said its optimism about the US economy was boosted because in the first quarter, demand for vehicles from small businesses increased 27%.

Sales to commercial and government customers decreased 15%, while sales to rental companies decreased 55%.
The Chevrolet Silverado pickup truck was the best-selling car for the GM Group, with 126,591 units, although demand for it decreased 12.5% ​​compared to the first quarter.

Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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