A Big Surprise From General Motors (GM): June US Auto Sales Thump Expectations

General Motors’ (GM) June US Auto sales only fell 8.3% from last year vs. a 19.3% consensus decline (numbers adjusted for selling days).

GM immediately jumped 4% on the surprisingly good news.

Maybe they won’t go bankrupt…

See Also:
Ford (F) June Auto Sales Fail To Even Meet Low Expectations
General Motors (GM), Ford (F): Market Braces For Horrific June Sales (GM, F, NSANY)
General Motors (GM): “A Health Care Benefits Firm That Also Sells Cars At a Loss”
(GM, F)

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