May 2, 2018

In Case You Missed It: GM Has Stopped Reporting Monthly Vehicle Sales

Filed under: Economy — Tom @ 9:31 am

I didn’t catch this until a few days ago, but it was confirmed yesterday when everyone else in the auto industry released their sales figures:

No. 1 U.S. automaker General Motors Co (N:GM) announced last month that it would no longer report monthly sales and instead will just post sales on a quarterly basis. Industry estimates showed GM posting sales anywhere from flat to down 8 percent for April.

Companies don’t take steps like this unless they lack confidence in their performance, and want to reveal as little as they can about it.

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