GM U.S. Sales Drop Is in Line With Analyst Estimates

• May 01 2018
• David Welch

General Motors Co.’s U.S. sales fell 2.5 percent to 3 percent in April, the first month that the company has sat out public reporting of monthly results, according to people familiar with the matter.

General Motors Co.’s U.S. sales fell 2.5 percent to 3 percent in April, the first month that the company has sat out public reporting of monthly results, according to people familiar with the matter.

The result, shared by people who asked not to be identified because the information is private, is in line with analysts’ average estimate for a 2.9 percent decline. GM announced a month ago that it would switch to releasing U.S. sales on a quarterly basis.