General Motors (GM) Misses FY12 Plug-In Sales Goal, Sells Half Intended
Get Alerts GM Hot Sheet
Join SI Premium – FREE
General Motors (NYSE: GM) sold 30,000 plug-ins in 2012, though the company had aimed for sales of about 60,000 units, CEO Dan Akerson commented today.
GM plans to build up to 36,000 Chevy Volts and other plug-in units in 2013, a 20 percent increase over all those sold last year.
Bloomberg cites people familiar with the matter on the comments.
Shares of GM are up about 1.9 percent Wednesday.
GM plans to build up to 36,000 Chevy Volts and other plug-in units in 2013, a 20 percent increase over all those sold last year.
Bloomberg cites people familiar with the matter on the comments.
Shares of GM are up about 1.9 percent Wednesday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- General Motors (GM) CFO: Expect to return to profits in Q2 in China
- Spotify (SPOT) jumps 10% as Q1 revenue, gross margins beat Street's estimates
- Worthington Steel Named a 2023 Supplier of the Year by General Motors
Create E-mail Alert Related Categories
Insiders' Blog, Management Comments, Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!