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GMs Q1 Sales Rise In US, But Chip Shortage Hits Inventories 04/01/21 AT 11:59 AM General Motors reported higher first-quarter US auto sales Thursday amid rising consumer confidence, but car inventories fell sharply due to the global semiconductor shortage. The largest US automaker pointed to continued strong demand for larger vehicles such as full-size sport utility vehicles and pickup trucks. Consumer confidence and spending will continue to increase due to stimulus, rising vaccination rates and the progressive reopening of the economy, said GM Chief Economist Elaine Buckberg. Auto demand should remain strong throughout the year. In the first quarter, GM s sales rose four percent to 642,250.

Charlie chesbroughElaine buckbergJoe bidenGeneral motorsEconomist elaineCox automotivePresident joe bidenசார்லி செஸ்ப்ரோஉஃஹ்ஓஹோ பிடென்ஜநரல் மோட்டார்கள்பொருளாதார நிபுணர் எலைன்காக்ஸ் தானியங்கிப்ரெஸிடெஂட் ஓஹோ பிடென்குயிவ் 1