General Motors Shows Strength on All Fronts in November
November has proven to be another fruitful month for auto manufacturers, who, after a late Thanksgiving and Black Friday weekend, are now releasing their sales data from the past month. General Motors (NYSE:GM) saw some significant gains, which proved to be one of the strongest Novembers in many years.
“November sales were strong at all four of our brands, and demand was robust for everything from cars to crossovers to the industry’s newest and best full-size pickups,” Kurt McNeil, vice president of GM’s U.S. sales operations, said in a company press release. “The sheer number of award-winning new models we have helped us grow faster than the industry for the second month in a row.”
The Cadillac ATS, General Motors’ entry-level luxury sedan, saw gains of 60 percent year-over-year, pushing the Cadillac portfolio to an 11 percent gain for the period.