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2 months ago
BRIEF-General Motors reported June U.S. retail sales of 202,908 vehicles, down about 3 pct from same period last year
July 3, 2017 / 1:37 PM / 2 months ago

BRIEF-General Motors reported June U.S. retail sales of 202,908 vehicles, down about 3 pct from same period last year

July 3 (Reuters) - General Motors Co

* General Motors Co - Reported June U.S. retail sales of 202,908 vehicles, down about 3 percent from same period last year

* General Motors Co - ‍GM's June total sales were 243,155 vehicles, down about 5 percent from same period last year.​

* General Motors Co - ‍"Under current economic conditions, we anticipate U.S. retail vehicle sales will remain strong for foreseeable future."​

* General Motors - "U.S. total sales are moderating due to an industry-wide pull-back in daily rental sales, but key U.S. economic fundamentals clearly remain positive"

* General Motors Co - From an industry standpoint, GM expects second half of 2017 will be stronger than first half

* General Motors -‍ Anticipate co will end 2017 with about same day supply of vehicles as co did at end of 2016 with fewer cars, more trucks, crossovers in mix​

* General Motors Co - Pickup and utility sales are expected to be stronger in second half of year Source text for Eikon: Further company coverage:

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