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UPDATE: Wells Fargo Starts General Motors (GM) at Overweight

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GM's First Quarter U.S. Retail Sales Grow 19 Percent

April 1, 2021 12:22 PM EDT

DETROIT, April 1, 2021 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today it sold 642,250 vehicles in the U.S. in the first quarter of 2021, with retail deliveries up 19 percent and fleet sales down 35 percent year over year. Total sales were up 4 percent compared to a year ago. All four GM U.S. brands had double-digit year-over-year increases in retail sales.

"Over the last year, our dealers, supply chain and manufacturing teams have gone above and beyond to satisfy customers as demand for GM products rose sharply," said Steve Carlisle, GM executive vice... More