GM Defies Recall Taint as U.S. Rebound Spurs Truck Demand
This article is for subscribers only.
General Motors Co. is shrugging off the impact of a 2.59 million small-car recall with new Chevy Silverado and GMC Sierra pickups that are luring buyers into dealerships as the weather warms and the U.S. economy rebounds.
GM sales rose 6.9 percent in April, beating the average of industry analysts surveyed by Bloomberg that projected a 5.7 percent gain. Sales of GM’s redesigned full-size pickups gained 12 percent while large sport-utility vehicle deliveries increased 22 percent, the Detroit-based company said.