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GM's second-quarter US auto sales growth slows

Published 07/02/2024, 11:03 AM
Updated 07/02/2024, 11:06 AM
© Reuters. FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo
GM
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(Reuters) - General Motors (NYSE:GM) on Tuesday posted a slower rise in second-quarter U.S. sales, hurt by lower fleet sales to daily rental companies and a cyber incident at CDK that impacted dealers across the country.

© Reuters. FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021.  REUTERS/Rebecca Cook/File Photo

Overall sales rose about 0.6% to 696,086 units, compared with an increase of about 19% in the same period last year.

"Our dealers who use the CDK platform are working to meet strong customer demand under difficult circumstances. Some deliveries may be delayed until Q3," GM said.

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