GM - What's Going On With General Motors Stock Tuesday? | Benzinga
General Motors Co (NYSE:GM) shares are trading lower. The company on Tuesday reported a 1.5% decline in first-quarter U.S. vehicle sales.
What Happened: GM said it delivered 594,233 vehicles in the U.S. in the first quarter of 2024, down 1.5% on a year-over-year basis due to lower fleet deliveries. The Detroit-based automaker noted that retail sales increased by 6% year-over-year. GM also said it has 534,479 vehicles in inventory, representing a 63-day supply.
"Our brands are all ...