Around the Net
Why GM Stopped Reporting Monthly Auto Sales
- GM Authority, Wednesday, May 2, 2018 8 AM
GM insists that a mere 30 days is too short a time frame to determine trends related to sales, demand, and supply in the automotive industry. GM execs have explained that, by adopting quarterly sales reports, the company avoids wild swings in share prices. In other words, GM believes that swings in its monthly sales can result in unfounded speculation about where it may be headed.
