General Motors Reports a 14% Jump in U.S. Auto Sales in 2023
Briefly

"The company sold 2.6 million cars and light trucks in 2023, up from 2.3 million in 2022, when a shortage of computer chips prevented G.M. and other manufacturers from producing as many cars as consumers were looking to buy."
"Sales rose just 0.3 percent in the last three months of the year...because of the Federal Reserve's interest rate increases that have made car purchases more expensive. [...] But the purchase of battery-powered cars and trucks is growing at a slower pace than manufacturers had expected, forcing G.M. and other companies to adjust production plans."
Read at www.nytimes.com
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