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GM and Fiat-Chrysler report major drop in sales

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Posted at 11:21 AM, Jul 01, 2020
and last updated 2020-07-01 11:21:09-04

DETROIT — Both General Motors and Fiat-Chrysler reported Wednesday on second quarter sales, and the dismal picture was not a surprise.

GM reported a drop in total vehicle sales of 34 percent, delivering 492,489 vehicles in April, May, and June. In its release, the company still claimed its full-size pickups “performed exceptionally well.”

Fiat-Chrysler reported a decline of vehicle sales of 39 percent but said sales in May and June were “stronger than expected.” In the three-month second quarter, the company sold 367,086 vehicles. FCA noted that online sales of vehicles now amounts to 20 percent of its business.

Ford has not released Q2 numbers.