The Traderszone Network

Published in TZ Latest News 2 August, 2016 by The TZ Newswire Staff

Big Discounts Helped Boost General Motors’ Retail Sales in July

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A big jump in U.S. sales of GMC Sierra pickups helped General Motors post a retail sales gain in July. Image source: General Motors.

General Motors (NYSE: GM) said on Tuesday that its retail sales in the U.S. rose 5% in July, thanks in part to deep discounts it offered on some models early in the month. GM’s overall sales fell 2% on planned reductions in rental-car fleet sales. 

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