AutoZone shares have climbed 40,520% since its IPO on smart capital allocation, strong cash flow generation, ESG disclosures, and more cars hitting the road.
General Motors Company (GM) has announced a surge in its 2023 U.S. sales, making it the top-selling carmaker in the U.S., largely reflecting lower supply chain hindrances and sustained customer demand.
Us Car Sales: Consumers are estimated to spend USD 47.8 billion on new vehicles, the highest on record for the month of August, and 10.5% higher than last year, the report said.
GM said it sold 555,580 vehicles in the quarter through September, 24% higher than last year when inventory shortages hit sales. Toyota's sales fell 7.1% to 526,017 vehicles in the same period.