GM’s U.S. Sales Plummet 26.7% in July
As if today’s announcement on the massive $15.5 billion loss in the second quarter of 2008 wasn’t enough bad news, GM also reported today that its vehicle sales dropped 26.7% in July to 235,184. According to GM’s data, July’s car sales were down 2.1 percent to 105,335 while light truck sales fell 35.4 percent to 129,849. Beyond the negative headlines, GM saw the Chevrolet Malibu’s total sales go up 79 percent, the Chevy Aveo up 17 percent, the Cadillac CTS up 38 percent, the Saturn Aura op 24 percent and the Saturn Sky up 14 percent compared to last July. (Picture: CarScoop)
As if today’s announcement on the massive $15.5 billion loss in the second quarter of 2008 wasn’t enough bad news, GM also reported today that its vehicle sales dropped 26.7% in July to 235,184. According to GM’s data, July’s car sales were down 2.1 percent to 105,335 while light truck sales fell 35.4 percent to 129,849. Beyond the negative headlines, GM saw the Chevrolet Malibu’s total sales go up 79 percent, the Chevy Aveo up 17 percent, the Cadillac CTS up 38 percent, the Saturn Aura op 24 percent and the Saturn Sky up 14 percent compared to last July. (Picture: CarScoop)
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