GM Sales Reportedly Skyrocket in May by Sebastien Bell June 5, 2018 Share Comments While GM is officially staying tight lipped about its monthly sales figures, the news they aren’t sharing is apparently good, according to a Bloomberg report. The report claims, citing anonymous sources, that sales rose 12% in May, beating the average analyst estimates. Big pickups are allegedly to thank for the increase, with sales of the Sierra rising 10% and sales of the Silverado rising 23%, despite their coming replacements. That might have something to do with incentives, though, as Chevy outspent even FCA with average incentives of $5,800 in the first half of the month. Despite all this good news, it must be said, GM is riding a wave of industry-wide strong sales. Most carmakers’ sales beat expectations, as the economy remains strong. By GM’s own admission, though, monthly sales might paint too narrow a picture of the company’s health, so we’re waiting for the end of the next quarter to see what GM has to say about its sales. [source: Bloomberg]
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