Recalls don't dent General Motors' sales figures
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Recalls don't dent General Motors' sales figures
Filed under: Buick, Cadillac, Chevrolet, GM, GMC, Earnings/Financials
The company admitted it knew key details about a deadly defect in its cars for more than a decade, and that flaw was responsible for killing at least 13 motorists and probably more. In the ensuing fallout, the company has issued more than two dozen recalls that affect 15.8 million cars in North America.
Those recalls have dented profits, but they haven't dampened America's enthusiasm for GM-made vehicles.
Consumers either haven't noticed or haven't cared about the avalanche of safety hazards associated with GM's cars. Sales at the Detroit-based automaker have increased three percent in 2014, and as details of the crisis have steadily emerged, they've only gotten stronger.
In May, GM enjoyed its best month of sales since August 2008, the month before the start of the economic downturn in the United States. The company sold 284,694 vehicles, according to our latest By The Numbers report, a 12.6-percent improvement over May 2013.Continue reading Recalls don't dent General Motors' sales figures
Recalls don't dent General Motors' sales figures originally appeared on Autoblog on Wed, 04 Jun 2014 08:59:00 EST. Please see our terms for use of feeds.
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GM announced 13 separate recalls in May, but that was a mere footnote for consumers.
At least in theory, the past four months should have been trying ones for General Motors.The company admitted it knew key details about a deadly defect in its cars for more than a decade, and that flaw was responsible for killing at least 13 motorists and probably more. In the ensuing fallout, the company has issued more than two dozen recalls that affect 15.8 million cars in North America.
Those recalls have dented profits, but they haven't dampened America's enthusiasm for GM-made vehicles.
Consumers either haven't noticed or haven't cared about the avalanche of safety hazards associated with GM's cars. Sales at the Detroit-based automaker have increased three percent in 2014, and as details of the crisis have steadily emerged, they've only gotten stronger.
In May, GM enjoyed its best month of sales since August 2008, the month before the start of the economic downturn in the United States. The company sold 284,694 vehicles, according to our latest By The Numbers report, a 12.6-percent improvement over May 2013.Continue reading Recalls don't dent General Motors' sales figures
Recalls don't dent General Motors' sales figures originally appeared on Autoblog on Wed, 04 Jun 2014 08:59:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
More...
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