Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.
GM Sales Drop Q1
Description
General Motors reported a 9.7% Q1 sales drop — its largest in nearly four years — as high rates, $4+ gas prices, and a 28% EV sales decline after the federal tax credit ended weighed on demand. U.S. new-vehicle sales are expected to fall 7%, the largest industry decline since mid-2022.
Keywords & Tags
More from User
00:52
Apple iCloud Suit Advances
Benzinga
00:53
KOSPI Plunges Nearly 10%
Benzinga
00:53
SpaceX Lockup Test
Benzinga
00:57
Apollo Caps Redemptions
Benzinga
00:54
SpaceX Compute Deal
Benzinga
00:49
Tesla Crash Probe
Benzinga
Related Videos
00:48
Rivian Tops Q1 Expectations, Warns Trump Tariffs May Add $2,000 Per Vehicle
Benzinga
01:40
China Q1 GDP growth beats expectations, but US tariffs cloud outlook
Bangkok Post Group
00:42
U.S. GDP Falls 0.2% In Q1 2025 As Trump’s Tariffs Trigger Surge In Imports
Benzinga
00:41
Gap Stock Plunges After Q1 Results, Warns Tariffs Could Dent FY25 Revenue By $150 Million
Benzinga
00:28
Walmart Pulls Q1 Financial Guidance Amid Uncertainty Over Tariffs Impact on Profitability and Pricing Flexibility
Benzinga
00:44
Mattel Beats Q1 Estimates, Pauses Guidance Due To Tariffs, Plans Actions To Mitigate Cost Impacts
Benzinga