GM reports 2.2% decrease in third-quarter sales, but EVs make gains

The Detroit automaker reported a 2.2% drop in third-quarter sales compared to a year earlier to 659,601 vehicles sold.

GM reported slightly better-than-expected sales during the third quarter, thanks in part to increases in sales of electric vehicles and small crossovers.

GM forecasts its market share was 9.5% of the U.S. EV market, up 3 percentage points from the first quarter of this year. "We are definitely outstripping the industry in terms of growth, in terms of EVs," Rory Harvey, GM president of global markets, including North America,. "We have the most comprehensive EV lineup out of any manufacturer in the industry, in the U.S., at the moment."

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