Steel News

We strive to let you one step ahead of the market.

General Motors achieves highest US quarterly sales in over 3 years

5 Jul 2024 16:11 reported by Stanley Wang

A A A
General Motors Company has reported its highest quarterly sales in the U.S. in over three years, driven by substantial gains in full-size pickup trucks and electric vehicles (EVs). The automaker sold about 696,000 units in Q2, a 0.6% year-over-year increase, marking the best performance since Q4 of 2020.

EV deliveries surged 40% year over year to nearly 22,000 units, representing 3.2% of total Q2 sales. This increase was led by the electric Hummer, which saw sales jump to 2,900 units from just 47 units a year earlier. The LYRIQ also made significant strides, with a 26% increase in Q2 sales compared to Q1.

Full-size pickup truck sales were robust, with approximately 229,000 units sold, up 6% year over year and the highest quarterly sales since 2021.

Despite these successes, GM's total sales for the first half of the year were down 0.4% year over year, totaling around 1.3 million vehicles. GM plans to release eight new or redesigned SUVs by year-end. However, the recent ransomware attack on dealer software provider CDK Global has caused disruptions, potentially delaying some deliveries until Q3. Despite this, dealers are striving to meet high customer demand.

Back to Steel News

Related News

International crude oil prices plummet on May 6

  • Others
  • 7 May 2026 15:25

Green trade takes center stage at 2026 Taiwan International Fastener Show

  • Others
  • 22 Apr 2026 16:50

China's real estate investment drops 11.2% in Q1 2026

  • Others
  • 22 Apr 2026 12:15

Taiwan's fastener exports rebound in Mar m-o-m, overall remain under pressure

  • Others
  • 17 Apr 2026 14:02

International crude oil prices keep rising on Apr 16

  • Others
  • 17 Apr 2026 13:45

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,515.00
  • 3,527.00
  • Aluminum
  • 3,664.00
  • 3,611.00
  • Copper
  • 13,409.00
  • 13,480.00
  • Nickel
  • 18,790.00
  • 18,990.00

Learn more