GM’s Q2 sales up 40% but slightly miss analysts’ expectations

GM’s Q2 sales up 40% but slightly miss analysts’ expectations

DETROIT – General Motors’ U.S. vehicle sales during the second quarter were slightly lower than analyst expectations as an ongoing shortage of semiconductor chips impacted vehicle production and dealer inventories.
The Detroit automaker on Thursday reported sales of 688,236 vehicles during the second quarter, up 39.7% from a year earlier when the coronavirus pandemic caused Americans to shelter…

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