GM expects sales growth of new cars-CEO
2022.12.08 15:09
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GM expects sales growth of new cars-CEO
Budrigannews.com – The General Motors Corporation On Thursday, the American automaker’s chief executive Mary Barra stated that it expects U.S. new vehicle sales to rebound next year and that demand for the company’s vehicles remains strong.
Barra stated that she anticipates 15 million new car and light truck sales in the United States in 2023. According to S&P Global (NYSE:), that number would rise from an estimated 13.7 million in 2022 to an expected 14.7 million in 2023. Mobility.
At a Detroit Automotive Press Association event, Barra said, “We are seeing strong demand for our vehicles.”
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Barra said GM is arranging “to be exceptionally moderate on costs” in its 2023 planning, considering vulnerability about financial development. ” She asserted that “no one really knows” how the economy will perform.
Barra, who serves as chair of the Business Roundtable, a group of chief executive officers from American companies, agreed earlier this week to a prediction that the U.S. economy could expand by only 1.2% in 2023.