GM's Third-Quarter US Sales Decline
General Motors reported a 5.5% drop in US sales for the third quarter, with units falling to 670,974 from 710,347 in the prior year, attributed to high gasoline prices impacting demand for new vehicles.
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03:58:48 PM UTC
SquawkNews
By Elias SchisgallGeneral Motors reported a decline in third-quarter sales, as discontinued models and a diminished market for electric vehicles weighed on the company's performance.The automaker's third-quarter sales came in just shy of 671,000, down 5.5% year-over-year.The company said despite th…