General Motors Sales Fall Sharply: Is the Market Turning?

General Motors (NYSE: GM) said that its U.S. sales fell 15.3% in July from a year ago, as weak sedan sales and a sluggish overall market more than offset good sales of its newest SUV models.

Data source: General Motors.

Back in January, when GM gave its guidance for 2017, it said that several new crossover SUV models would generate sales and pricing gains to help offset weakness in the sedan market.

Source: Fool.com