July sales are rebounding from June’s downturn and late-summer demand will thin currently bloated inventories, General Motors Corp. officials say. The auto maker finished June with vehicle stocks topping 1.3 million units – nearly 900,000 trucks and more than 400,000 cars. GM’s sales were down 15.5% in June vs. like-2003. GM Chief Financial Officer John Devine says vehicle inventories are too high. But GM predicts its inventory will be reduced to 1.1 million units by the end of ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
•Medium- andheavy-duty truck volumes
•Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642