SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: NOW who wrote (8576)7/1/2004 2:16:29 PM
From: mishedlo  Read Replies (1) of 116555
 
GM's U.S. Sales Fall 15 Percent in June
Thursday July 1, 2:04 pm ET

DETROIT (Reuters) - General Motors Corp. (NYSE:GM - News) on Thursday said its U.S. sales fell an unexpectedly sharp 15 percent in June as its aggressive incentives and discounts failed to lure more buyers into showrooms.
The world's largest automaker said June sales fell to 380,267 vehicles, down from 429,742 in June last year.

GM has led Detroit's profit-eroding price war for nearly three years, using interest-free loans and hefty cash rebates to ratchet up sales volumes.

But analysts say GM's incentives strategy may be losing its effectiveness with consumers, amid flagging demand for some of its older pickups and SUVs.

biz.yahoo.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News