SUBSCRIBERS

US truck, crossover sales drive GM to record gain

Published Sun, Apr 30, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Detroit

    GENERAL Motors Co (GM) reported a record quarterly first-quarter profit on robust sales of its large pickup trucks and crossovers in the United States, as uncertainty surrounds the overall pace of domestic car sales for the industry.

    The results also underscore a shift where US consumers are favouring larger SUVs (sport utility vehicles), crossovers and trucks, instead of cars.

    Copyright SPH Media. All rights reserved.