This Page Left Blank Intentionally - GM Quits Monthy Sales Reports

[Gorehamj]

John Goreham
Contributing Writer, GM-Trucks.com
5-1-2018

This marks the first month since General Motors joined Tesla in being the only two automakers who only report their monthly sales quarterly (as required by SEC regulations). Like all mainstream automakers, GM had reported its sales monthly for years. The reports help the media and investors with 12 updates per year on how the sales of one of the world's largest companies were trending. No more. Most monthly sales reports were relatively bland and almost ridiculous in the way that anything negative was seen in a positive light. We enjoyed making a bit of fun of those. We enjoyed the ones when GM passed Ford in truck sales and the great news that the new compact crossovers from GM were trending towards the top of the category more. 

 

Watch for the sales reports to be more meaningful now that they will come quarterly. Watch also for Ford and FCA to follow GM's lead in making the reports quarterly. Toyota's reports are much more detailed. We are not sure if Toyota will opt out as quickly. So far, no other automaker has announced its intentions to follow GM's sales news blackout. 

[O_J_Simpson]

Look for huge rebates & incentives 30 days before the end of each quarter.

[WilliamBos]

Trying to hide the fact that their sales are tanking does not instill consumer confidence.

 

i doubt FCA and Ford will follow.

[nowicksl]

How about reporting new vehicle registrations then?


Sent from device. Excuse errors.