GM's Sales Speed Up, Even With Millions of Recalls in Tow
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General Motors’ sales staff is just as busy as the mechanics and attorneys rushing to patch up the company’s widening recall scandals. The automaker sold almost 285,000 vehicles in the U.S. last month, a 13 percent increase over the year-earlier period—and stronger sales than in any May since 2007.
Analysts had expected far more humdrum results while GM grapples with the recall of almost 14 million vehicles so far this year, including 2.4 million tied to fatalities and a rash of lawsuits. ”The momentum we generated in April carried into May, with all four brands performing well in a growing economy,” Kurt McNeil, GM’s U.S. vice president of sales, said in a statement.