10-02-2019, 10:04 AM | #1 |
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GM Q3 2019 Sales Up 6.3%, 738,638 Units Sold
GM Reports Third-Quarter Deliveries
General Motors October 2, 2019 DETROIT — General Motors Co. (NYSE: GM) dealerships delivered 738,638 vehicles in the United States in the third quarter of 2019, an increase of 6.3 percent compared to the third quarter of 2018. GM’s fleet mix of total sales was 19.5 percent, down 3 tenths of a percent, year over year. End of September inventory was 759,633 units.
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10-02-2019, 02:41 PM | #2 | |
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Quote:
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__________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!!__________________ Camaro Fest sub-forum |
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10-02-2019, 02:48 PM | #3 |
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10-02-2019, 04:42 PM | #4 |
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A one paragraph quarterly report?...lol...Not much to critique. Oh well...
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10-02-2019, 04:53 PM | #5 |
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Camaro sales decreased 15%
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10-02-2019, 05:23 PM | #6 | |
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A 3 sentence one at that. It was a pretty solid quarter so I'm guessing GM doesn't feel the need to spin or defend their results.
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10-02-2019, 05:27 PM | #7 |
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And since Ford and FCA now also report quarterly...
Ford Motor Company: 580,251 Units Sold, Down 4.9% FCA: 565,034 Units Sold, Up 0%
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10-03-2019, 11:56 AM | #8 |
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Why do they report quarterly now?
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10-03-2019, 01:37 PM | #9 |
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Because they don't want to provide transparency in the form of monthly reporting.
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10-03-2019, 04:53 PM | #10 |
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The stated reason was that month to month 'noise' gave an inaccurate picture of sales vs a year prior. Plus, quarterly sales are the norm for most other industries.
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__________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!!__________________ Camaro Fest sub-forum |
10-03-2019, 04:56 PM | #11 | |
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Don't have a clue why they ever did that in the first place though.
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__________________ Originally Posted by FbodFather My sister's dentist's brother's cousin's housekeeper's dog-breeder's nephew sells coffee filters to the company that provides coffee to General Motors...... ........and HE WOULD KNOW!!!!__________________ Camaro Fest sub-forum |
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