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General Motors (GM) Q2 2022 US sales

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The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021.

Rebecca Cook | Reuters

DETROIT – General Motors’ U.S. vehicle sales were down about 15% in the second quarter from a year ago as the automaker continues to battle supply chain issues, but showed improvement from earlier in the year.

Before announcing its sales results, the automaker said it has about 95,000 vehicles in its inventory that were manufactured without certain components as of June 30, a majority of which were built in June. Despite the problems, the company maintained its guidance for the year.

GM’s second-quarter sales were slightly better than expectations of auto…



Source cnbc.com

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