US sales at top automakers rise on improving inventory, Toyota struggles
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Reuters, 3 April 2019 - Top international automakers, with the exception of Toyota Motor Corp (7203.T), which continued to struggle with a parts shortage, recorded an increase in first-quarter U.S. sales on better shipments to dealers, according to data released on Monday.
In the first quarter of 2022, General Motors Co (GM.N), which will overtake Toyota as the leading American automaker, reported an increase in vehicle sales of 17.6%.
According to GM Executive Vice President Steve Carlisle, "We gained significant market share in the first quarter, pricing was strong, inventories are in very good shape, and we sold more than 20,000 EVs (electric vehicles) in a quarter for the first time."
Project ID: #36323822
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