Strike Crippled General Motors Q3 US Sales Up 6%

AutoInformed.com on GMGeneral Motors Co. (NYSE: GM) dealerships delivered 738,638 vehicles in the United States in the third quarter of 2019, an increase of 6.3% compared to the third quarter of 2018. GM’s fleet mix of total sales was 19.5 %, down 0.3%, year over year. End of September inventory was 759,633 units. Thus far the GM UAW strike has had little effect on sales.

The strike has GM losing money, but not really losing sales, yet. Click to Enlarge.

About Kenneth Zino

Ken Zino is an auto industry veteran with global experience in print, broadcast and electronic media. He has auto testing, marketing, public relations and communications expertise garnered while working in Asia, Europe and the U.S.
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3 Responses to Strike Crippled General Motors Q3 US Sales Up 6%

  1. Kenneth Zino says:

    General Motors Co. (NYSE: GM) stock price measured since its close the Friday before the strike has fallen ~11.5% to ~$34.38. The Dow Jones Industrial Average is down ~4.2%.

  2. CAR says:

    The most probable resolution is now late October if (editor – BIG IF) it does not go into November if the UAW switched to negotiations with Ford Motor.

  3. As of today GM has lost nearly 165,000 units of production, as 15 of its 18 vehicle assembly plants are shut down. The two others, San Luis Potosí and Ramos Arizpe, may close this week due to a lack of parts. GM is currently losing more than 10,000 units per day. Once the strike ends, it may still take up to a week to get the parts pipeline going again. LMC says it is likely looking at a loss of well over 200,000 vehicles.

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