General Motors reported first-quarter sales on Tuesday that fell 7 percent from a year ago but said buyers are flocking to its sport utility vehicles and pickup trucks.
Signs have shown that new car sales are slowing in the United States. Yet demand for trucks and SUVs, which tend to be more profitable, could buoy automakers and somewhat offset the effects of a slowdown. Trucks, SUVs and crossovers made up 80 percent of GM's sales, the company said. GM plans to launch more full-size pickups in the second half of the year with two new heavy duty pickups from Chevrolet and GMC.
However, sales of traditional passenger cars continued to slide, dragging down the automaker's total.
LOL at GM & mtbarra!!! That’ll teach ya’!! No more taxpayer bailouts for GeneralMoters or Ford!!! $GM $F AmericaFirst MAGA realDonaldTrump 🇺🇸
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