G.M. said auto sales fell in 2020 but were up in the final three months of the year. - News Summed Up

G.M. said auto sales fell in 2020 but were up in the final three months of the year.


General Motors said its vehicle sales in the United States fell 12 percent in 2020, but increased 5 percent in the fourth quarter from the same period a year earlier, a hopeful sign for the auto industry at the end of a difficult year. The automaker reported solid performances from its Chevrolet, GMC and Cadillac brands in the final three months of the year. They offset a 10 percent drop in sales of Buick vehicles. sold 2.5 million cars and light trucks in 2020, down from nearly 2.9 million a year earlier. Auto sales fell sharply last spring as consumers stayed away from dealerships because of the coronavirus pandemic.


Source: International New York Times January 05, 2021 16:30 UTC



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